Beyond GDP? Welfare Across Countries and Time

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Lives and livelihoods: Estimates of the global mortality and poverty effects of the Covid-19 pandemic (2020, background): “Economists typically compare economic costs to human lives using one of three approaches: attaching a monetary value to human life (Viscusi, 1993; Rowthorn, 2020), estimating the indirect mortality that economic losses could imply (Ray and Subramanian, 2020), or resorting to social welfare de ned as”
Rebasing 'Maddison' : new income comparisons and the shape of long-run economic development (2018, methodology): “His solution was to rely on the regularity of the price-income relationship to estimate what relative prices (and, as result, income levels) would have been if we had been able to observe them historically, see also Klasing and Milionis (2014). Relying heavily on such estimates is less appealing to ”
How Do Hours Worked Vary with Income? Cross-Country Evidence and Implications (2018, unknown): “Welfare We now use the model to compute a simple welfare metric across countries, building on the work of Jones and Klenow (2016). Conceptually, the welfare metric imagines giving the representative household of some country i a choice between two options: first, to work the average hours of individ”
The Facts of Economic Growth (2015, background): “Kaldor (1961) was content with documenting a few key stylized facts that basic growth theory should hope to explain.”