Freedom-Based Measurement of Living Standard

Nicolas Gravel () and Benoît Tarroux

Annals of Economics and Statistics, 2011, issue 101-102, 37-69

Abstract: This paper contrasts conventional real GDP and price indicators of living standard, interpreted as revealing information on welfare, with others, that aim at reflecting individual freedom. It is argued that freedom-based indices are easier to use and interpret than traditional real GDP ones. Illustrations of the differences between the two classes of indices are provided for international comparisons, as well as for the evaluation of growth and inflation in France.

Date: 2011
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Related works:
Working Paper: Freedom-Based Measurement of Living Standard (2011)
Working Paper: Freedom-based measurement of living standard (2011)
Working Paper: Freedom-Based Measurement of Living Standard (2008)
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Persistent link: https://EconPapers.repec.org/RePEc:adr:anecst:y:2011:i:101-102:p:37-69

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