Freedom-Based Measurement of Living Standard

This paper contrasts conventional real GDP and price indicators of living standard, interpreted as revealing information on welfare, with others, that aim at reflecting individual freedom. It is argued that freedom-based indices are easier to use and interpret than traditional real GDP ones. Illustr...

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Bibliographic details
Main Author: Tarroux, Benoît
Gravel, Nicolas
Format: Journal Article
Language: English
Place of publication: ENSAE 2011
published in: Annales d'Economie et de Statistique no. 101; pp. 37 - 70
Data of publication: 2011
Series: Annales d'Economie et de Statistique
Online Access: available in Bonn?
Database: RePEc
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