A New Way of Monitoring the Quality of Urban Life

Eduardo Lora and Andrew Powell

No 4729, Research Department Publications from Inter-American Development Bank, Research Department

Abstract: This paper proposes a methodology to resolve the problems that result from using a combination of objective and subjective information in evaluating urban quality of life. The paper further suggests techniques to identify and rank issues of potential importance for urban dwellers. In order to combine objective and subjective information in a coherent manner and focus on the most relevant dimensions of the quality of life in a city or neighborhood, the paper attempts to exploit the complementary nature of two approaches: the “hedonic” approach, which employs market prices for housing, and the “life satisfaction” approach, which addresses subjective well-being. Results using both approaches in selected Latin American cities are discussed and compared. The paper concludes with a discussion of potential uses of the two-pronged methodology for policy analysis.

JEL-codes: D19 H41 H42 I31 (search for similar items in EconPapers)
Date: 2011-11
New Economics Papers: this item is included in nep-hap and nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (8)

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Related works:
Working Paper: A New Way of Monitoring the Quality of Urban Life (2011)
Working Paper: A New Way of Monitoring the Quality of Urban Life (2011)
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