Grimm, Michael; Cogneau, Denis - Université Paris-Dauphine (Paris IX) - 2007
variables, and in particular mortality, when performing welfare comparisons over time. The idea is to “correct” in various ways … of mortality, i.e. individuals who die are withdrawn from the population and no longer contribute to monetary welfare … experience a decrease or an increase in monetary welfare. For the case of Indonesia, we show that the direct and indirect effects …