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Preliminary Estimates of Good Life Time (GLT) in Canada Using the General Social Survey

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  • Michael Wolfson
  • Kar-Fai Gee

Abstract

There has been a recent resurgence of interest in measures of social progress and well-being that go beyond the conventional System of National Accounts measures, especially GDP and GDP per capita. In this context, Wolfson and Rowe (2010) have proposed Good Life Time (GLT) as an alternative / complement to traditional economic measures. GLT is based on a generalization of life expectancy and a person is said to be in GLT if they have adequate amounts of health, money, and the time to enjoy them. In this study, we develop a simple approach using public microdata from the 1992, 1998, 2005, and 2010 General Social Surveys. We conclude that issues related to high item non-response rates and lack of time series consistency in many of the key questionnaire items, especially in the money and health domains, likely overwhelm any time series trends obtained in this manner. Microsimulation or synthetic matching are therefore the recommended methods to obtain time series trends of GLT.

Suggested Citation

  • Michael Wolfson & Kar-Fai Gee, 2015. "Preliminary Estimates of Good Life Time (GLT) in Canada Using the General Social Survey," CSLS Research Reports 2015-14, Centre for the Study of Living Standards.
    • Handle: RePEc:sls:resrep:1514
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    File URL: http://www.csls.ca/reports/csls2015-14.pdf
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    References listed on IDEAS

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    1. Andrei Bougrov & Robert Johnson & Benno Ndulo & Pedro Paez & Avinash Persaud & Heidemarie Wieczorek-Zeul & Akhtar Aziz Zeti & Charles Goodhart & Jomo Kwame Sundaram & Youssef Boutros-Ghali & José Anto, 2010. "The Stiglitz Report," Working Papers hal-03415638, HAL.
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    More about this item

    Keywords

    Well-Being; Health; Leisure Time; Income; Life Expectancy; Disabilities; Elderly Population;
    All these keywords.

    JEL classification:

    • I00 - Health, Education, and Welfare - - General - - - General
    • I10 - Health, Education, and Welfare - - Health - - - General
    • I30 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General
    • I19 - Health, Education, and Welfare - - Health - - - Other
    • I39 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Other
    • I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being

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