type="main" <p>Worrying about possible future economic dangers subtracts from the present well-being of individuals, which is why affluent societies have complex systems of private insurance and public social protection to provide a degree of economic security. However, such protections are largely...</p>

The abrupt est of rapid economic growth in Malaysia has created a new mood of insecurity. However, "economic insecurity" is rarely discussed in the professional economics literature and has received little emphasis in recent economic policy making in OECD nations. This paper argues that economic...

This paper proposes a new and unified framework for the Sen and Sen-Shorrocks-Thon indices of poverty intensity, which shows an explicit connection between the two indices and the undelying social evaluation function. This paper also identifies the common multiplicative decomposition of the two...

Direct measures of skill attainment, such as the International Adult Lite racy Survey, have been justified as a way to assess the relative importance of specific skills in determining labout market oucomes, but such scores are the product of complex statistical procedures, and alternative...

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...

This paper examines the determinants of poverty intensity in US states and Canadian provinces in 1994 and 1997. Although most Canadian provinces had lower poverty than US states in 1994, by 1997 Canadian distinctiveness had greatly diminished. Was this because of trade liberalization, the...