The Evolution of World Inequality in Well-being
نویسندگان
چکیده
In this paper we investigate the evolution of the inequality in well-being across di¤erent countries between 1975 and 2000. We treat well-being as a multidimensional concept focusing on three important dimensions of life: standard of living, health and education. Inequality in the three dimensions shows a di¤erent trend between 1975 and 2000. We propose a exible measure of well-being and use the tools o¤ered by the recent literature on multidimensional inequality measurement to quantify the evolution of overall intercountry well-being inequality. The empirical results are nuanced, and sensitive to di¤erent normative choices on the trade-o¤s between the di¤erent dimensions. In particular the concave transformation of income turns out to be decisive for the evolution of world inequality in well-being. Keywords : Multidimensional Inequality Measurement, Index of Wellbeing, Inter-country Inequality. JEL Classi cation : D31, D63, I31, O50
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