This paper argues that the evaluation of a society's economic well-being should account for the employment risk associated with being a temporary worker and for the relative income loss of young generations with respect to older ones. We show that the inclusion of new measures of both these...

Well-being and happiness, individually and collectively, is a main indicator of a good life. This paper attempts to implement empirically some of the multidimensional concepts of human well-being by using data from the ‘Pakistan Living Standards Measurement Survey’ 2006-07. Objective...

In this chapter, Lars Osberg has the daunting task of examining the conceptual issues involved in defining and measuring social progress. As he highlights in his introduction, while much had been made of the fact that Canada in 2000 earned first place in the United Nations' Human Development...

In this chapter, Lars Osberg and Andrew Sharpe provide an overview of trends in a number of dimensions of economic well-being (consumption flows, stocks of wealth, income equality, and economic security) from the lens of the Index of Economic Well-being, a new composite measure of economic...

A large amount of policy support is spent to foster the development of rural areas in Europe. However, empirical evidence on the well-being differential between rural and urban areas in Europe is scant and incomplete. The present study develops a systematic literature review on this topic,...

An analysis of consumer’s decision making indicates that the weights used for the regional variables considered and included in an index should not vary across regions. Given this, a regional index is computed for the 10 major regions of Greece assuming that all variables incorporated in it...

The following document seeks to address the study of the efficient use of economic and social resources in the income dimension of human development in the presence of bad outputs in the 113 municipalities of Michoacán during the period 1990-2010. Human development in Michoacán is...

The purpose of this study is to investigate the integration of the relative cost of children to adults and of economies of scale in the context of household’s welfare evaluation. Results derived with empirically-estimated scales show that female-headed households are poorer than male-headed...

Poverty analytical approaches have recently considered households deprivation in several welfare attributes in what has been tagged multidimensional poverty. This approach has been well embraced due to acceptability of human development indices as a parameter for comparing welfare across...

This paper jointly and separately examines the redistributive and poverty effects of tax and public expenditures (education and health) in Cameroon. The tax system is generally progressive but less so than the benefits of public expenditure. While overall public spending is mostly progressive in...