2016, Volume 69 - Issue 1
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Publication date: 23 February 2016
EFFECT OF RECENT U.S. MONETARY POLICY ON THE BALANCE OF TRADE.Read the article
CHARACTERISING THE SOUTH AFRICA BUSINESS CYCLE: IS GDP DIFFERENCE-STATIONARY OR TREND-STATIONARY IN A MARKOV-SWITCHING SETUP?Read the article
Enrico IVALDI, Department of Economics, University of Genova, Italy
Guido BONATTI, Department of Economics, University of Genova, Italy
Riccardo SOLIANI, Department of Political Science, University of Genova, Italy
Eurostat databases provide forty indicators relevant to measure the well-being in different countries. In this paper we propose to identify different levels of wellbeing in two European areas, by the analysis of a sample of Centre-North Europe (Sweden, Germany, France, Britain and the Netherlands, which are among the most advanced states), and a sample of Mediterranean countries (Italy, Spain, Portugal and Greece). The goal of the research is to grasp and quantify the specificities of these countries in a phase when inequalities grow. We have represented welfare through 11 dimensions based on 77 variables and analyzed the differences in each of them between the countries in the two areas by Pena's Distance and MPI, two different methodologies – parametric and non-parametric – that allow the combination of variables in a way consistent with our objective.
I32, C14, O15
European Union, Multidimensional Well-being, Composite Index, MPI, Pena’s Distance
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