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Trends in Economic Well-being in Canada in the 1990s

In: The Review of Economic Performance and Social Progress 2001: The Longest Decade: Canada in the 1990s

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Author Info
Lars Osberg (McCulloch Professor of Economics, Dalhousie University)
Andrew Sharpe () (Centre for the Study of Living Standards)

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Abstract

In this chapter, Lars Osberg and Andrew Sharpe provide an overview of trends in a number of dimensions of economic well-being (consumption flows, stocks of wealth, income equality, and economic security) from the lens of the Index of Economic Well-being, a new composite measure of economic well-being developed by the Centre for the Study of Living Standards. Osberg and Sharpe point out that the determinants of the nearly 20 variables that make up the Index are complex. After registering increases in the 1970s and 1980s, the Index declined in absolute terms in the 1990s. Overall, they conclude that there has been a direct link between the deterioration of economic performance in this country in the 1990s and the overall state of economic well-being.

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This chapter was published in: Andrew Sharpe, Executive Director & France St-Hilaire, Vice-President , Research & Keith Banting, Director (ed.) The Review of Economic Performance and Social Progress 2001: The Longest Decade: Canada in the 1990s, Centre for the Study of Living Standards, 2001.

This item is provided by Centre for the Study of Living Standards & The Institutute for Research on Public Policy in its series The Review of Economic Performance and Social Progress with number v:1:y:2001:aslo.

Handle: RePEc:sls:repsls:v:1:y:2001:aslo

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Related research
This chapter was published in the following book, which is listed on IDEAS:

Keywords: Well-being Wellbeing Well Being Unemployment Human Capital Unemployment Insurance IEWB ILMW Inequality Poverty Insecurity Economic Security Health Health Expenditure Single Parent Single-parent Family Break-up Retirement Old Age Command Over Resources Human Capital Consumption Household Production Leisure Wealth Capital Stock Environmental Damage R&D Stock Research and Development R&D Natural Resources Unpaid Work Linear Scaling Technique Social Indicator Indicator Indicators

Find related papers by JEL classification:
O57 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Comparative Studies of Countries
I31 - Health, Education, and Welfare - - Welfare and Poverty - - - General Welfare
I32 - Health, Education, and Welfare - - Welfare and Poverty - - - Measurement and Analysis of Poverty
D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
C43 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Index Numbers and Aggregation
C82 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Methodology for Collecting, Estimating, and Organizing Macroeconomic Data
E21 - Macroeconomics and Monetary Economics - - Macroeconomics: Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth
E22 - Macroeconomics and Monetary Economics - - Macroeconomics: Consumption, Saving, Production, Employment, and Investment - - - Capital; Investment; Capacity
E24 - Macroeconomics and Monetary Economics - - Macroeconomics: Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution
E26 - Macroeconomics and Monetary Economics - - Macroeconomics: Consumption, Saving, Production, Employment, and Investment - - - Informal Economy; Underground Economy
H54 - Public Economics - - National Government Expenditures and Related Policies - - - Infrastructures
J64 - Labor and Demographic Economics - - Mobility, Unemployment, and Vacancies - - - Unemployment: Models, Duration, Incidence, and Job Search
J65 - Labor and Demographic Economics - - Mobility, Unemployment, and Vacancies - - - Unemployment Insurance; Severance Pay; Plant Closings

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