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Constructing the Herald/Age – Lateral Economics Index of Australia's Wellbeing
Author(s) -
Lancy Annette,
Gruen Nicholas
Publication year - 2013
Publication title -
australian economic review
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.308
H-Index - 29
eISSN - 1467-8462
pISSN - 0004-9018
DOI - 10.1111/j.1467-8462.2013.12000.x
Subject(s) - index (typography) , construct (python library) , positive economics , measure (data warehouse) , sociology , key (lock) , economics , public economics , political science , computer science , computer security , database , world wide web , programming language
In recent years, economists and others have returned to the question of how best to measure a country's level of well‐being. This article summarises a contemporary attempt to construct an Australian index of well‐being and discusses the key conceptual and methodological tradeoffs faced when seeking to be rigorous, engaging and useful in considering policy alternatives.