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Subramanian, S. - 2004

This essay aims at a broad, main-stream account of the literature on inequality and poverty measurement in the space of … of income inequality, deals with preliminary concepts and definitions; a visual representation of inequality (the Lorenz … curve); real-valued indices of inequality; properties of inequality indices; some specific inequality measures; and the …

Persistent link: https://www.econbiz.de/10010284611

Willingness to Pay to Reduce Mortality Risks: Evidence from a Three-Country Contingent Valuation Study

Alberini, Anna; Hunt, Alistair; Markandya, Anil - 2004

Valuing a change in the risk of death is a key input into the calculation of the benefits of environmental policies that save lives. Typically such risks are monetized using the Value of a Statistical Life (VSL). Because the majority of the lives saved by environmental policies are those of...

Persistent link: https://www.econbiz.de/10011324986

Willingness to pay to reduce mortality risks : evidence from a three-country contingent valuation study

Alberini, Anna; Hunt, Alistair; Markandya, Anil - 2004

Persistent link: https://www.econbiz.de/10011606716

Robustness of VSL values from contingent valuation surveys

Alberini, Anna - 2004

This paper examines factors that may influence the estimates of the Value of a Statistical Life obtained from contingent valuation surveys that elicit the willingness to pay (WTP) for mortality risk reductions. We examine the importance of distributional assumptions, the choice of the welfare...

Persistent link: https://www.econbiz.de/10011606927

The downward spiral

Greenwood, Jeremy; Guner, Nezih; Kopecky, Karen A. - 2022

There have been more than 500,000 opioid overdose deaths since 2000. To analyze the opioid epidemic, we construct a model where individuals, with and without pain, choose whether to misuse opioids knowing the probabilities of addiction and dying. These odds are functions of opioid use. Markov...

Persistent link: https://www.econbiz.de/10012887735

Social insurance against a short life : ante-mortem versus post-mortem policies

Ponthiere, Gregory - 2023

Welfare States do not insure citizens against the risk of premature death, i.e., the risk of having a short life. Using a dynamic OLG model with risky lifetime, this paper compares two insurance devices reducing well-being volatility due to the risk of early death: (i) an ante-mortem age-based...

Persistent link: https://www.econbiz.de/10014432194

The downward spiral

Greenwood, Jeremy; Guner, Nezih; Kopecky, Karen A. - 2022

There have been more than 500,000 opioid overdose deaths since 2000. To analyze the opioid epidemic, a model is constructed where individuals choose whether to use opioids recreationally, knowing the probabilities of addiction and dying. These odds are functions of recreational opioid usage....

Persistent link: https://www.econbiz.de/10013382024

Multi-dimensional living standards : a welfare measure based on preferences

Boarini, Romina; Murtin, Fabrice; Schreyer, Paul; … - 2016

unemployment. Rising income inequality exerts a negative effect on our welfare measure. Gains in longevity have almost the same …

Persistent link: https://www.econbiz.de/10011574092

Going beyond GDP with a parsimonious indicator : inequality-adjusted healthy lifetime income

Bloom, David E.; Fan, Victoria Y.; Kufenko, Vadim; … - 2020

Per capita GDP has limited use as a well-being indicator because it does not capture many dimensions that imply a "good … preserves the advantages of per capita GDP, but also includes health and equality. We propose a new parsimonious indicator to …

Persistent link: https://www.econbiz.de/10012169722

Going beyond GDP with a parsimonious indicator : inequality-adjusted healthy lifetime income

Bloom, David E.; Fan, Victoria Y.; Kufenko, Vadim; … - 2020

Persistent link: https://www.econbiz.de/10012195532

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