What is it about?
Economists traditionally measure well-being with real GDP per Capita but this has well known drawbacks. An economic well-being index is created for U.S. Metro areas for a better measure of quality of life in MSAs. Comparison can be made across MSAs, over time, and with real GDP per capita to better understand economic well-being in U.S. MSAs.
Featured Image
Why is it important?
Research on alternative measures of economic well-being have centered on national economies. This is the first paper to build on this relatively new area of research and apply it to metropolitan areas.
Perspectives
Read the Original
This page is a summary of: Economic Well-Being in U.S. Metropolitan Statistical Areas, Social Indicators Research, September 2017, Springer Science + Business Media,
DOI: 10.1007/s11205-017-1755-5.
You can read the full text:
Contributors
The following have contributed to this page