Well-being analytics for policy use: Policy evaluation through a well-being lens in Slovenia

Fabrice Murtin, Vincent Siegerink, Lara Fleischer, Julien Bonnet and Balázs Égert

No 7, OECD Papers on Well-being and Inequalities from OECD Publishing

Abstract: This paper first identifies Slovenia’s main well-being challenges, namely to boost productivity and increase performance on economic indicators without compromising its low levels of inequalities in wealth and income, and to strive for better human capital outcomes, including health outcomes and adult skills. Second, the paper assesses the welfare impacts of some structural reforms based on the shadow price of employment, which is equal to 3% of household income. The largest welfare impacts stem from: i) a cut in regulation of the energy, transport and communication sectors; ii) an increase in ALMPs; iii) a cut in the average tax wedge on households; iv) a cut in the minimum wage; v) an increase in the number of weeks of maternity leave; vi) a cut in the replacement rate of unemployment benefits.

Keywords: shadow prices; welfare analysis; Well-being policy analysis (search for similar items in EconPapers)
JEL-codes: H50 I31 I38 J88 (search for similar items in EconPapers)
Date: 2022-08-23
New Economics Papers: this item is included in nep-tra
References: Add references at CitEc
Citations:

Downloads: (external link)
https://doi.org/10.1787/9ca973f1-en (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:oec:wiseaa:7-en

Access Statistics for this paper

More papers in OECD Papers on Well-being and Inequalities from OECD Publishing
Bibliographic data for series maintained by ( this e-mail address is bad, please contact ).