Multidimensional Welfare Comparisons of EU Member States Before, During, and After the Financial Crisis

A Dominance Approach

M. Azhar Hussain, Nikolaj Siersbæk, Lars Peter Østerdal

Publikation: Working paperForskning

3 Downloads (Pure)

Resumé

How did the financial crisis affect population welfare in EU member states in key dimensions such as income, health, and education? We seek to answer this question by way of welfare comparisons between countries and within countries over time, using EU-SILC data. Our study is novel in using a multidimensional first order dominance comparison approach on the basis of multi-level ordinal data. We find that the countries most often dominated are southern and eastern European member states, and the dominant countries are mostly northern and western European member states. However, for most country comparisons, there is no dominance relationship. Moreover, only a few member states have experienced a temporal dominance improvement in welfare, while no member states have experienced a temporal dominance deterioration during the financial crisis.
OriginalsprogEngelsk
Udgivelses stedFrederiksberg
UdgiverCopenhagen Business School, CBS
Antal sider42
StatusUdgivet - 2018
NavnWorking Paper / Department of Economics. Copenhagen Business School
Nummer2-2018

Emneord

  • First order dominance
  • Multidimensional well-being
  • Multi-level indicators
  • EU-SILC

Citer dette

Hussain, M. A., Siersbæk, N., & Østerdal, L. P. (2018). Multidimensional Welfare Comparisons of EU Member States Before, During, and After the Financial Crisis: A Dominance Approach. Frederiksberg: Copenhagen Business School, CBS. Working Paper / Department of Economics. Copenhagen Business School, Nr. 2-2018
Hussain, M. Azhar ; Siersbæk, Nikolaj ; Østerdal, Lars Peter. / Multidimensional Welfare Comparisons of EU Member States Before, During, and After the Financial Crisis : A Dominance Approach. Frederiksberg : Copenhagen Business School, CBS, 2018. (Working Paper / Department of Economics. Copenhagen Business School; Nr. 2-2018).
@techreport{eef2d40d63d84223b460a9915197c282,
title = "Multidimensional Welfare Comparisons of EU Member States Before, During, and After the Financial Crisis: A Dominance Approach",
abstract = "How did the financial crisis affect population welfare in EU member states in key dimensions such as income, health, and education? We seek to answer this question by way of welfare comparisons between countries and within countries over time, using EU-SILC data. Our study is novel in using a multidimensional first order dominance comparison approach on the basis of multi-level ordinal data. We find that the countries most often dominated are southern and eastern European member states, and the dominant countries are mostly northern and western European member states. However, for most country comparisons, there is no dominance relationship. Moreover, only a few member states have experienced a temporal dominance improvement in welfare, while no member states have experienced a temporal dominance deterioration during the financial crisis.",
keywords = "First order dominance, Multidimensional well-being, Multi-level indicators, EU-SILC, First order dominance, Multidimensional well-being, Multi-level indicators, EU-SILC",
author = "Hussain, {M. Azhar} and Nikolaj Siersb{\ae}k and {\O}sterdal, {Lars Peter}",
year = "2018",
language = "English",
publisher = "Copenhagen Business School, CBS",
address = "Denmark",
type = "WorkingPaper",
institution = "Copenhagen Business School, CBS",

}

Multidimensional Welfare Comparisons of EU Member States Before, During, and After the Financial Crisis : A Dominance Approach. / Hussain, M. Azhar; Siersbæk, Nikolaj; Østerdal, Lars Peter.

Frederiksberg : Copenhagen Business School, CBS, 2018.

Publikation: Working paperForskning

TY - UNPB

T1 - Multidimensional Welfare Comparisons of EU Member States Before, During, and After the Financial Crisis

T2 - A Dominance Approach

AU - Hussain, M. Azhar

AU - Siersbæk, Nikolaj

AU - Østerdal, Lars Peter

PY - 2018

Y1 - 2018

N2 - How did the financial crisis affect population welfare in EU member states in key dimensions such as income, health, and education? We seek to answer this question by way of welfare comparisons between countries and within countries over time, using EU-SILC data. Our study is novel in using a multidimensional first order dominance comparison approach on the basis of multi-level ordinal data. We find that the countries most often dominated are southern and eastern European member states, and the dominant countries are mostly northern and western European member states. However, for most country comparisons, there is no dominance relationship. Moreover, only a few member states have experienced a temporal dominance improvement in welfare, while no member states have experienced a temporal dominance deterioration during the financial crisis.

AB - How did the financial crisis affect population welfare in EU member states in key dimensions such as income, health, and education? We seek to answer this question by way of welfare comparisons between countries and within countries over time, using EU-SILC data. Our study is novel in using a multidimensional first order dominance comparison approach on the basis of multi-level ordinal data. We find that the countries most often dominated are southern and eastern European member states, and the dominant countries are mostly northern and western European member states. However, for most country comparisons, there is no dominance relationship. Moreover, only a few member states have experienced a temporal dominance improvement in welfare, while no member states have experienced a temporal dominance deterioration during the financial crisis.

KW - First order dominance

KW - Multidimensional well-being

KW - Multi-level indicators

KW - EU-SILC

KW - First order dominance

KW - Multidimensional well-being

KW - Multi-level indicators

KW - EU-SILC

M3 - Working paper

BT - Multidimensional Welfare Comparisons of EU Member States Before, During, and After the Financial Crisis

PB - Copenhagen Business School, CBS

CY - Frederiksberg

ER -