TY  - BOOK
AU  - Decancq,Koen
TI  - Measuring Global Well-Being Inequality: A Dimension-By-Dimension or Multidimensional Approach?
PY  - 2011///.
							
N1  - 70
N2  - This paper investigates the evolution of global well-being inequality between 1980 and 2010 based on three dimensions: income, health and education. I compare two different approaches to the measurement of global well-being inequality: a dimension-by-dimension approach and a multidimensional one. The first approach analyses the dimensions of well-being separately. The inequality of each of these dimensions shows a remarkably different pattern over time. Unfortunately, this dimension-by-dimension approach is insensitive to the correlation between the dimensions of well-being. The second approach takes this correlation into account and starts from a multidimensional measure of well-being for each country. This well-being measure reflects the implicit value judgments of the revised Human Development Index (HDI). It is shown that multidimensional well-being inequality has decreased over the considered period. However, this result depends crucially on the weighting scheme selected, the aggregation procedure and the transformation of the income dimension.Biographic note: I wrote my doctoral dissertation on “Essays on the measurement of multidimensional inequality”. Financial support from the IWT-project: “Flemosi: Tools for ex ante evaluation of socio-economic policies in Flanders” is gratefully acknowledged.JEL Classification: D63, I31, O52
UR  - https://shs.cairn.info/journal-reflets-et-perspectives-de-la-vie-economique-2011-4-page-179?lang=en&redirect-ssocas=7080
ER  -