The Levy Institute Measure Of Economic Well-Being, France, 1989 And 2000
The authors construct estimates of the Levy Institute Measure of Economic Well-Being for France for the years 1989 and 2000. They also estimate the standard measure of Disposable cash Income (DI) from the same data sources. They analyze overall trends in the level and distribution of household well-being using both measures for France as a whole and for subgroups of the French population. The average French household experienced a slower rate of growth in LIMEW than DI over the period. A substantial portion of the growth in well-being for the middle quintile was a result of increases in net government expenditures and income from wealth.