Taking a wellbeing years approach to policy choice
Jan-Emmanuel de Neve
(1)
,
Andrew E. Clark
(2, 3, 4, 5)
,
Christian Krekel
(4, 5)
,
Richard Layard
(4, 5)
,
Gus O’donnell
(4, 5)
Andrew E. Clark
- Fonction : Auteur
- PersonId : 742286
- IdHAL : andrew-clark
- ORCID : 0000-0001-7004-7654
- IdRef : 035800070
Résumé
Every day, policy makers must decide whether a policy is desirable. They do so by examining its impact on a range of outcomes. But the problem is how to aggregate these disparate outcomes. For example, as covid-19 cases rise again, some lockdown measures are gradually being reintroduced across the UK. These policy choices will lead to outcomes that are good (such as fewer deaths from covid-19, less commuting, better air quality) and some that are bad (unemployment, income losses, loneliness, domestic abuse). How can policy makers aggregate these disparate effects in order to arrive at an overall assessment? To do so requires a “common currency” with which to measure all the effects. The currency we propose is the change in years of human wellbeing resulting from the policy.
Domaines
Economies et financesFormat du dépôt | Notice |
---|---|
Type de dépôt | Article dans une revue |
Résumé |
en
Every day, policy makers must decide whether a policy is desirable. They do so by examining its impact on a range of outcomes. But the problem is how to aggregate these disparate outcomes. For example, as covid-19 cases rise again, some lockdown measures are gradually being reintroduced across the UK. These policy choices will lead to outcomes that are good (such as fewer deaths from covid-19, less commuting, better air quality) and some that are bad (unemployment, income losses, loneliness, domestic abuse). How can policy makers aggregate these disparate effects in order to arrive at an overall assessment? To do so requires a “common currency” with which to measure all the effects. The currency we propose is the change in years of human wellbeing resulting from the policy.
|
Titre |
en
Taking a wellbeing years approach to policy choice
|
Auteur(s) |
Jan-Emmanuel de Neve
1
, Andrew E. Clark
2, 3, 4, 5
, Christian Krekel
4, 5
, Richard Layard
4, 5
, Gus O’donnell
4, 5
1
University of Oxford
( 302612 )
- Wellington Square, Oxford OX1 2JD
- Royaume-Uni
2
PSE -
Paris School of Economics
( 301309 )
- 48 boulevard Jourdan 75014 Paris
- France
3
PJSE -
Paris Jourdan Sciences Economiques
( 578027 )
- 48 boulevard Jourdan 75014 Paris
- France
4
CEPR -
Center for Economic Policy Research
( 143559 )
- Royaume-Uni
5
LSE -
London School of Economics and Political Science
( 328453 )
- Houghton Street, London WC2A 2AE
- Royaume-Uni
|
Volume |
371
|
Public visé |
Scientifique
|
Numéro d'article |
|
Langue du document |
Anglais
|
Nom de la revue |
|
Vulgarisation |
Non
|
Comité de lecture |
Oui
|
Audience |
Internationale
|
Date de publication |
2020-10
|
Domaine(s) |
|
DOI | 10.1136/bmj.m3853 |
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