Skip to Main content Skip to Navigation
Preprints, Working Papers, ...

Equivalent income versus equivalent lifetime: does the metric matter?

Abstract : We examine the e¤ects of the postulated metric on the measurement of well-being, by comparing, in the (income, lifetime) space, two indexes: the equivalent income index and the equivalent lifetime index. Those in- dexes are shown to satisfy di¤erent properties concerning interpersonal well-being comparisons, which can lead to contradictory rankings. While those incompatibilities arise under distinct indi¤erence maps, we also ex- plore the e¤ects of the metric while relying on a unique indi¤erence map, and show that, even in that case, the postulated metric matters for the measurement of well-being. That point is illustrated by quantifying, by those two indexes, the (average) well-being loss due to the Syrian War. Relying on a particular metric leads, from a quantitative perspective, to di¤erent pictures of the deprivation due to the War.
Complete list of metadatas

Cited literature [33 references]  Display  Hide  Download
Contributor : Caroline Bauer <>
Submitted on : Thursday, July 18, 2019 - 10:29:31 AM
Last modification on : Thursday, March 19, 2020 - 12:10:03 PM


Files produced by the author(s)


  • HAL Id : halshs-02187803, version 1


Harun Onder, Pierre Pestieau, Grégory Ponthière. Equivalent income versus equivalent lifetime: does the metric matter?. 2019. ⟨halshs-02187803⟩



Record views


Files downloads