Trends in Economic Well-being in Canada in the 1990s

Lars Osberg and Andrew Sharpe

A chapter in The Review of Economic Performance and Social Progress 2001: The Longest Decade: Canada in the 1990s, 2001, vol. 1 from Centre for the Study of Living Standards, The Institutute for Research on Public Policy

Abstract: In this chapter, Lars Osberg and Andrew Sharpe provide an overview of trends in a number of dimensions of economic well-being (consumption flows, stocks of wealth, income equality, and economic security) from the lens of the Index of Economic Well-being, a new composite measure of economic well-being developed by the Centre for the Study of Living Standards. Osberg and Sharpe point out that the determinants of the nearly 20 variables that make up the Index are complex. After registering increases in the 1970s and 1980s, the Index declined in absolute terms in the 1990s. Overall, they conclude that there has been a direct link between the deterioration of economic performance in this country in the 1990s and the overall state of economic well-being.

Keywords: Well-being; Wellbeing; Well Being; Unemployment; Human Capital; Unemployment Insurance; IEWB; ILMW; Inequality; Poverty; Insecurity; Economic Security; Health; Health Expenditure; Single Parent; Single-parent; Family Break-up; Retirement; Old Age; Command Over Resources; Human Capital; Consumption; Household Production; Leisure; Wealth; Capital Stock; Environmental Damage; R&D Stock; Research and Development; R&D; Natural Resources; Unpaid Work; Linear Scaling Technique; Social Indicator; Indicator; Indicators (search for similar items in EconPapers)
JEL-codes: C43 C82 D31 E21 E22 E24 E26 H54 I31 I32 J24 J64 J65 O57 (search for similar items in EconPapers)
Date: 2001
ISBN: 0-88645-190-6
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

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