Welfare vs. Income Convergence and Environmental Externalities /

We present estimates of welfare by country for 2007 and 2014 using the methodology of Jones and Klenow (2016) which incorporates consumption, leisure, mortality and inequality, and we extend the methodology to include environmental externalities. During the period of the global financial crisis welf...

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Bibliographic Details
Main Author: Bannister, Geoffrey
Other Authors: Mourmouras, Alex
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2017.
Series:IMF Working Papers; Working Paper ; No. 2017/271
Online Access:Full text available on IMF