Broadening Well-being Indicators for Developed Countries: A New Proposal Based on Key Social Needs

Luis Ayala, Olga Canto (), Rosa Martinez (), Carolina Navarro () and Marina Romaguera-de-la-Cruz ()
Additional contact information
Olga Canto: Universidad de Alcala
Rosa Martinez: UNED
Carolina Navarro: UNED
Marina Romaguera-de-la-Cruz: UNED

No 677, Working Papers from ECINEQ, Society for the Study of Economic Inequality

Abstract: The aim of this paper is to propose a set of dimensions and indicators to measure the incidence and trends of unmet social needs related to well-being and aggregate them into a composite index. We contribute to the current literature on the measurement of social needs through broader and more systematic indicators based on the principles of access, quality, and equity. Using different microdata sources, we take a selected sample of European countries that are representative of different welfare regimes to illustrate the possibilities of this proposal. Our results are not very sensitive to the use of different weighting schemes or aggregation methods and show that the degree of unmet needs is related to the country's type of welfare regime.

Keywords: unmet social needs; composite index; Europe; welfare regimes (search for similar items in EconPapers)
JEL-codes: I31 I32 I38 (search for similar items in EconPapers)
Pages: 40 pages
Date: 2024-09
New Economics Papers: this item is included in nep-eec, nep-eur, nep-hap and nep-ipr
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