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Economic measures of income have ignored large areas of human well-being and are poor measures of well-being in the areas to which they attend. Despite increased recognition of those distortions, ‘GNP per capita continues to be regarded as the quintessential indicator of a country’s living...
Persistent link: https://www.econbiz.de/10010279054
This paper deals with three questions: (1) What are ‘subjective’ measures? (2) What is ‘well-being’? and (3) Are subjective measures of well-being of use for policymaking, in particular in developing nations? The first question is answered by making a distinction between two kinds of...
Persistent link: https://www.econbiz.de/10010279097
This paper has two main objectives. On the one hand, it is aimed at assessing the reliability of poverty and inequality measures in Chile, and their robustness to methodological changes. In particular, we evaluate the impact on the measurement of poverty and inequality of adjustments for...
Persistent link: https://www.econbiz.de/10011941075