Horizontal Equity, Uncertainty, and Economic Wellbeing (Volume 50) (National Bureau of Economic Research Studies in Income and ,Used

Horizontal Equity, Uncertainty, and Economic Wellbeing (Volume 50) (National Bureau of Economic Research Studies in Income and ,Used

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SKU: SONG0226137260
Brand: University of Chicago Press
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The result of a National Bureau of Economic Research Income and Wealth conference held in December 1983, this volume looks at the concept of "economic wellbeing" and the ways that analysts have tried to measure it. In addition to income, economists have begun to consider such factors as pensions, wealth, health, and environment when measuring the wellbeing of a particular group. They have also begun to measure how consumers respond, successfully or unsuccessfully, to such economic uncertainties as inflation, divorce, and retirement. Using new data and techniques, the contributors to this book concentrate on issues of uncertainty and horizontal equity (the equal treatment of individuals within a defined group). Their work points to better ways of determining how various groups in a society are faring relative to other groups. Economists and policy analysts, therefore, will be in a better position to determine how government programs should be applied when wellbeing is used as a test.

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For more information, please visit www.P65Warnings.ca.gov.

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