The Levy Institute Measure of Economic Well-Being (LIMEW) is a comprehensive tool to assess the economic determinants of household living standards. It reflects the impacts of the changes in the labor and financial markets, government expenditures and taxes, and provisioning of nonmarket domestic services by households for their own use. The LIMEW is designed to provide an alternative picture to standard measures (e.g., household disposable income) of the level and distribution of economic well-being among the population as a whole and subgroups such as racial groups, social classes, or types of families.
Associated Programs
Associated Scholars
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Ajit ZachariasThomas MastersonAashima SinhaFernando Rios-Avila
43 Related Publications
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Book Series
01 June 2004
What Has Happened to the Quality of Life in the Advanced Industrialized Nations?
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Research Project Report
01 May 2004
Levy Institute Measure of Economic Well-Being
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Research Project Report
12 February 2004
Levy Institute Measure of Economic Well-Being
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Research Project Report
09 December 2003
Levy Institute Measure of Economic Well-Being
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Working Paper No.386
01 September 2003
Household Wealth, Public Consumption, and Economic Well-Being in the United States
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Working Paper No.372
01 February 2003
The Levy Institute Measure of Economic Well-Being
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Working Paper No.342
01 February 2002
A Note on the Hicksian Concept of Income