The objective of this paper is to develop an index of economic weel-being for Canada for the period 1971 to 1997 using a framework originally laid out by Osberg (1985). Although the economic well-being of a society depends on the level of average consumption flows, aggregate accumulation of...

Though Vietnam has made impressive progress in providing widespread access to basic social services, the quantity and quality of the country's social service provision have shown signs of deterioration within the last two decades. This paper examines the changing role of the public sector in...

This paper describes a method of estimating the welfare effects of a set of price changes, using money measures of welfare change such as compensating and equivalent variations, and the associated concept of "equivalent income".

This paper examines the change in welfare in Ireland over the 1987- 1994 period by investigating whether Lorenz and Generalised Lorenz dominance can be observed for household expenditure data. It also calculates bootstrapped standard error measures for Lorenz and Generalised Lorenz curves and...

The authors build a model of child labor and study its implication for welfare and fertility. Assuming there is a trade-off between child labor and human capital accumulation, we derive conditions under which child labor is socially inefficient. Even if parents are altruistic, child labor may...

This paper provides a review of part of the literature on inequality and social welfare, with a special focus on the Gini index. The paper first presents the extended Gini index used for measuring inequality, as well as the source decomposition of the Gini used to analyze how changes in income...

This paper provides a review of part of the literature on inequality and social welfare, with a special focus on the Gini index. The paper first presents the extended Gini index used for measuring inequality, as well as the source decomposition of the Gini used to analyze how changes in income...

The study examines welfare changes in China during the reform period (1978 - ) by analysing various welfare indicators, the causes of change, and the shifting models.

Cross-disciplinary ‘happiness research’ has made big progress in the measurement of individual welfare. This development makes it tempting to pursue the old dream of maximizing aggregate happiness as a social welfare function. However, we postulate that the appropriate approach is not to...

We built a model of child labor and study its implications for welfare and fertility.