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Measuring individual well-being: A multidimensional index integrating subjective well-being and preferences
Policymakers have begun looking for measures to assess the well-being of their citizens beyond GDP per capita and disposable income levels. However, the multidimensional and subjective nature of human well-being makes de...Read more...
16 June 2017
Development Discussion Paper
Consumption Smoothing and the Welfare Cost of Uncertainty
Yonas Alem and Jonathan Colmer
When agents are unable to smooth consumption and have distorted beliefs about the likelihood of future income realisations, uncertainty about future states of the world has a direct effect on individual welfare. However,...Read more...
1 August 2015
Richard Titmuss: Forty years on
Richard Titmuss was one of the world’s leading public analysts and philosophers. He was highly influential in shaping the post-war welfare state and created the subject we now call social policy. What would he make of th...Read more...
18 February 2014
Welfare Reforms and Child Well-Being in the US and UK
This paper examines the effects of recent welfare reforms in the US and UK on the well-being of children in low-income families, looking specifically at the effects on poverty, family expenditures, and child health and d...Read more...
An exploration of childhood antecedents of female adult malaise in two British birth cohorts: Combining Bayesian model averaging and recursive partitioning
John Hobcraft and Wendy Sigle-Rushton
We use information from two prospective British birth cohort studies to explore the antecedents of adult malaise, an indicator of incipient depression. These studies include a wealth of information on childhood circumsta...Read more...
One man's rags are another man's riches: Identifying adaptive preferences using panel data
One of the motivations frequently cited by Sen and Nussbaum for moving away from a utility metric towards a capabilities framework is a concern about adaptive preferences or conditioned expectations. If utility is relate...Read more...
Measuring Well-Being and Exclusion in Europe's Regions
The Lisbon summit of the European Council in March 2000 declared the number of people living in poverty and social exclusion in the European Union to be unacceptable, and called for steps to tackle the issue, beginning w...Read more...