Treasury's Wellbeing Framework

Stephanie Gorecki and James Kelly
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Stephanie Gorecki: Treasury, Government of Australia
James Kelly: Treasury, Government of Australia

Economic Roundup, 2012, issue 3, 27-64

Abstract: In undertaking its mission Treasury takes a broad view of wellbeing as primarily reflecting a person’s substantive freedom to lead a life they have reason to value. Treasury has long had an understanding of welfare or wellbeing that extends beyond narrow measures of living standards, and a formal wellbeing framework since the early 2000s. That framework, as revised in 2011, is discussed.

Keywords: welfare economics; sustainability; behavioural economics (search for similar items in EconPapers)
JEL-codes: D60 D63 (search for similar items in EconPapers)
Date: 2012
References: View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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http://www.treasury.gov.au/~/media/Treasury/Public ... PDF/02_20121108.ashx (application/pdf)
http://www.treasury.gov.au/PublicationsAndMedia/Pu ... -Wellbeing-Framework (text/html)

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Persistent link: https://EconPapers.repec.org/RePEc:tsy:journl:journl_tsy_er_2012_3_2

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