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
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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References listed on IDEAS
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- Michael Hagerty & Robert Cummins & Abbott Ferriss & Kenneth Land & Alex Michalos & Mark Peterson & Andrew Sharpe & Joseph Sirgy & Joachim Vogel, 2001. "Quality of Life Indexes for National Policy: Review and Agenda for Research," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 55(1), pages 1-96, July.
- Andrew Sharpe, 1999. "A Survey of Indicators of Economic and Social Well-being," CSLS Research Reports 99wb, Centre for the Study of Living Standards.
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