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The New Welfare Measures

  • D.P. Doessel

    ()

    (School of History, Philosophy, Religion & Classics)

  • Ruth F.G. Williams

    ()

    (School of Economics, La Trobe University)

This paper provides an exposition of the concepts relevant to measuring the economic effect of suicide and the conception of how the social loss from suicide can be incorporated into social welfare measurement. Suicide may perform a “warning” function of immanent societal problems. If so, then its impact must be measured. None of the conventional welfare measures currently pick up this “canary in a coalmine” type of signal.

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File URL: http://www.latrobe.edu.au/__data/assets/pdf_file/0018/221076/2012.07.pdf
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File URL: http://www.latrobe.edu.au/__data/assets/pdf_file/0018/221076/2012.07.pdf
Download Restriction: no

Paper provided by School of Economics, La Trobe University in its series Working Papers with number 2012.07.

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Length: 27 pages
Date of creation: 2012
Date of revision:
Handle: RePEc:trb:wpaper:2012.07
Note: ISSN-1837-2198
Contact details of provider: Web page: http://www.latrobe.edu.au/economics

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  1. Alan B. Krueger & Daniel Kahneman & David Schkade & Norbert Schwarz & Arthur A. Stone, 2007. "National Time Accounting: The Currency of Life," Working Papers 1034, Princeton University, Department of Economics, Center for Economic Policy Studies..
    • Alan B. Krueger & Daniel Kahneman & David Schkade & Norbert Schwarz & Arthur A. Stone, 2009. "National Time Accounting: The Currency of Life," NBER Chapters, in: Measuring the Subjective Well-Being of Nations: National Accounts of Time Use and Well-Being, pages 9-86 National Bureau of Economic Research, Inc.
  2. William D. Nordhaus & James Tobin, 1973. "Is Growth Obsolete?," NBER Chapters, in: The Measurement of Economic and Social Performance, pages 509-564 National Bureau of Economic Research, Inc.
    • William D. Nordhaus & James Tobin, 1972. "Is Growth Obsolete?," NBER Chapters, in: Economic Research: Retrospect and Prospect, Volume 5, Economic Growth, pages 1-80 National Bureau of Economic Research, Inc.
  3. Doucouliagos, Chris & Stanley, T.D. & Giles, Margaret, 2012. "Are estimates of the value of a statistical life exaggerated?," Journal of Health Economics, Elsevier, vol. 31(1), pages 197-206.
  4. Andrew J. Oswald, 2010. "Emotional Prosperity and the Stiglitz Commission," British Journal of Industrial Relations, London School of Economics, vol. 48(4), pages 651-669, December.
  5. Stone, Richard, 1984. "The Accounts of Society," Nobel Prize in Economics documents 1984-1, Nobel Prize Committee.
  6. David M. Cutler, 2009. "Measuring National Well-Being," NBER Chapters, in: Measuring the Subjective Well-Being of Nations: National Accounts of Time Use and Well-Being, pages 107-112 National Bureau of Economic Research, Inc.
  7. Michael J. Boskin, 2009. "Perspectives on the New Architecture for the US National Accounts," American Economic Review, American Economic Association, vol. 99(2), pages 69-73, May.
  8. Landefeld, J Steven & McCulla, Stephanie H, 2000. "Accounting for Nonmarket Household Production within a National Accounts Framework," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 46(3), pages 289-307, September.
  9. D. P. Doessel, 2007. "Review Article: The Rise of Studying Happiness, but what of the Shadow of Unhappiness from Mental Illness?," Prometheus, Taylor & Francis Journals, vol. 25(4), pages 435-454.
  10. Kristina Burström & Magnus Johannesson & Finn Diderichsen, 2003. "The value of the change in health in Sweden 1980|81 to 1996|97," Health Economics, John Wiley & Sons, Ltd., vol. 12(8), pages 637-654.
  11. Oswald, Andrew J. & Wu, Stephen, 2010. "Objective Confirmation of Subjective Measures of Human Well-being: Evidence from the USA," IZA Discussion Papers 4695, Institute for the Study of Labor (IZA).
  12. Dan Usher, 1973. "An Imputation to the Measure of Economic Growth for Changes in Life Expectancy," NBER Chapters, in: The Measurement of Economic and Social Performance, pages 193-232 National Bureau of Economic Research, Inc.
  13. Hamilton, Clive, 1999. "The genuine progress indicator methodological developments and results from Australia," Ecological Economics, Elsevier, vol. 30(1), pages 13-28, July.
  14. William D. Nordhaus, 2006. "Principles of National Accounting For Nonmarket Accounts," NBER Chapters, in: A New Architecture for the U.S. National Accounts, pages 143-160 National Bureau of Economic Research, Inc.
  15. Joseph E. Stiglitz & Amartya Sen & Jean-Paul Fitoussi, 2009. "The measurement of economic performance and social progress revisited," Documents de Travail de l'OFCE 2009-33, Observatoire Francais des Conjonctures Economiques (OFCE).
  16. D. P. Doessel & Rukmani Gounder, 1994. "Theory and measurement of living levels: Some empirical results for the human development index," Journal of International Development, John Wiley & Sons, Ltd., vol. 6(4), pages 415-435, 07.
  17. Lawn, Philip A., 2003. "A theoretical foundation to support the Index of Sustainable Economic Welfare (ISEW), Genuine Progress Indicator (GPI), and other related indexes," Ecological Economics, Elsevier, vol. 44(1), pages 105-118, February.
  18. George Loewenstein, 2009. "That Which Makes Life Worthwhile," NBER Chapters, in: Measuring the Subjective Well-Being of Nations: National Accounts of Time Use and Well-Being, pages 87-106 National Bureau of Economic Research, Inc.
  19. Gary S. Becker & Tomas J. Philipson & Rodrigo R. Soares, 2003. "The Quantity and Quality of Life and the Evolution of World Inequality," NBER Working Papers 9765, National Bureau of Economic Research, Inc.
  20. William Nordhaus, 2009. "Measuring Real Income with Leisure and Household Production," NBER Chapters, in: Measuring the Subjective Well-Being of Nations: National Accounts of Time Use and Well-Being, pages 125-144 National Bureau of Economic Research, Inc.
  21. Dolan, Paul & Peasgood, Tessa & White, Mathew, 2008. "Do we really know what makes us happy A review of the economic literature on the factors associated with subjective well-being," Journal of Economic Psychology, Elsevier, vol. 29(1), pages 94-122, February.
  22. Daniel Kahneman & Alan B. Krueger & David Schkade & Norbert Schwarz & Arthur Stone, 2004. "Toward National Well-Being Accounts," American Economic Review, American Economic Association, vol. 94(2), pages 429-434, May.
  23. Katharine G. Abraham & Christopher Mackie, 2006. "A Framework for Nonmarket Accounting," NBER Chapters, in: A New Architecture for the U.S. National Accounts, pages 161-192 National Bureau of Economic Research, Inc.
  24. repec:pri:cheawb:deaton_income_health_and_wellbeing_around_the_world_evidence_%20from_gallup_world_poll_jep_spring2008 is not listed on IDEAS
  25. J. Steven Landefeld & Shaunda Villones, 2009. "National Time Accounting and National Economic Accounting," NBER Chapters, in: Measuring the Subjective Well-Being of Nations: National Accounts of Time Use and Well-Being, pages 113-123 National Bureau of Economic Research, Inc.
  26. Angus Deaton, 2008. "Income, Health, and Well-Being around the World: Evidence from the Gallup World Poll," Journal of Economic Perspectives, American Economic Association, vol. 22(2), pages 53-72, Spring.
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