Economics at your fingertips  

Inequalities in life expectancy and the global welfare convergence

d’Albis, Hippolyte and Florian Bonnet
Authors registered in the RePEc Author Service: Hippolyte d'Albis ()

Economics Letters, 2018, vol. 168, issue C, 49-51

Abstract: Becker et al. (2005) maintain that including life expectancy gains in a welfare indicator result in a reduction of inequality between 1960 and 2000 twice as great as when measured by per capita income. We discuss their methodology and show it determines the convergence result. We use an alternative methodology, based on Fleurbaey and Gaulier (2009), which monetizes differences in life expectancy between countries at each date rather than life expectancy gains. We show that including life expectancy has no effect on the evolution of world inequality.

Keywords: World inequality; Well-being indicators; Life expectancy (search for similar items in EconPapers)
JEL-codes: I31 J17 O57 (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
Full text for ScienceDirect subscribers only

Related works:
Working Paper: Inequalities in life expectancy and the global welfare convergence (2018)
Working Paper: Inequalities in Life Expectancy and the Global Welfare Convergence (2018) Downloads
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:

Access Statistics for this article

Economics Letters is currently edited by Economics Letters Editorial Office

More articles in Economics Letters from Elsevier
Bibliographic data for series maintained by Dana Niculescu ().

Page updated 2019-10-20
Handle: RePEc:eee:ecolet:v:168:y:2018:i:c:p:49-51