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We show how to account for differentials in demographic variables, in particular mortality, when performing welfare comparisons over time. The idea is to apply various ways of "correcting" estimated income distribution measures for "sample selection" due to differential mortality. We distinguish...
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This paper compares a standard expenditure-based poverty measure with a specifically created composite measure of deprivation using household survey data from South Africa while there is a strong overall correlation between expenditures and levels of deprivation, the correlation is much weaker...
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Book reviewed in this article: Copyright 2003 by the International Association for Research in Income and Wealth.
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In order to improve on the income growth rate as an indicator of changes in well-being, four composite indices of growth and income distribution are introduced and compared. When applied to the United States postwar economic performance, these indicators significantly revise upward the welfare...
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