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Original Article

WELL-BEING IN AMERICA: The Levy Institute Measure of Economic Well-Being

Pages 44-73 | Published online: 23 Jan 2015
 

Abstract

These two economists are developing a new measure of economic well-being that goes well beyond GDP per capita. It includes the effect of taxes, government transfers, corporate benefits, changes in wealth, household production, and some public expenditures. They present their methodology in this paper.

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