The New Welfare Measures*

Darrell Doessel () and Ruth Williams ()
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Darrell Doessel: School of History, Philosophy, Religion & Classics

No 2012.07, Working Papers from School of Economics, La Trobe University

Abstract: This paper provides an exposition of the concepts relevant to measuring the economic effect of suicide and the conception of how the social loss from suicide can be incorporated into social welfare measurement. Suicide may perform a “warning” function of immanent societal problems. If so, then its impact must be measured. None of the conventional welfare measures currently pick up this “canary in a coalmine” type of signal.

Keywords: national accounting; welfare measurement; economic effect of suicide; social welfare; social loss; economic value of longevity EDIRC Provider-Institution: RePEc:edi:sblatau (search for similar items in EconPapers)
JEL-codes: E01 I19 I31 (search for similar items in EconPapers)
Pages: 27 pages
Date: 2012
New Economics Papers: this item is included in nep-hap
Note: ISSN-1837-2198
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