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39 publications found, searching for 'The Levy Institute Measure of Economic Well-Being '
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Research Project Report
March 19, 2024
Integrating Nonmarket Consumption into the Bureau of Labor Statistics Consumer Expenditure Survey
AbstractIn spring 2021, under the direction and encouragement of Commissioner William Beach, the US Bureau of Labor Statistics (BLS) kicked off a major initiative—to produce a measure of consumption to supplement the release of consumer expenditures. The production of such a measure would fill a data gap regarding household economic well-being. For years BLS staff, […]
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Research Project Report
April 01, 2019
Investing in Early Childhood Education and Care in Kyrgyz Republic
AbstractExpansion of early childhood education and care (ECEC) services for all is a matter of the choices made regarding the allocation of public resources. As such, it is as much an issue of children’s well-being and gender equality as it is an issue of economic policy and fiscal allocation. This study—authored by Institute scholars Ipek […]
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One-Pager No. 57
September 10, 2018
Stagnating Economic Well-Being Amid Rising Government Support
AbstractThe Levy Institute Measure of Economic Well-Being (LIMEW) was designed to provide a more comprehensive understanding of the changes affecting household living standards. Ajit Zacharias, Thomas Masterson, and Fernando Rios-Avila summarize their latest research on the trends in economic well-being for US households. They reveal historic stagnation in LIMEW growth over the 2000–13 period, as […]
Download One-Pager No. 57 PDF (119.14 KB) -
Working Paper No. 914
September 05, 2018
Quality of Match for Statistical Matches Using the American Time Use Survey 2013, the Survey of Consumer Finances 2013, and the Annual Social and Economic Supplement 2014
AbstractThis paper describes the quality of the statistical matching between the March 2014 supplement to the Current Population Survey (CPS) and the 2013 American Time Use Survey (ATUS) and Survey of Consumer Finances (SCF), which are used as the basis for the 2013 Levy Institute Measure of Economic Well-Being (LIMEW) estimates for the United States. […]
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Working Paper No. 912
August 29, 2018
The Sources and Methods Used in the Creation of the Levy Institute Measure of Economic Well-Being for the United States, 1959–2013
AbstractThis paper documents the sources of data used in the construction of the estimates of the Levy Institute Measure of Economic Wellbeing (LIMEW) for the years 1959, 1972, 1982, 1989, 1992, 1995, 2000, 2001, 2004, 2007, 2010, and 2013. It also documents the methods used to combine the various sources of data into the synthetic […]
Download Working Paper No. 912 PDF (87.45 KB) -
Public Policy Brief No. 146
August 16, 2018
Stagnating Economic Well-Being and Unrelenting Inequality
AbstractAjit Zacharias, Thomas Masterson, and Fernando Rios-Avila update the Levy Institute Measure of Economic Well-Being (LIMEW) for US households for the period 2000–13. The LIMEW—which comprises base income, income from wealth, net government expenditures, and the value of household production—is aimed at achieving a more comprehensive understanding of trends in living standards. This policy brief […]
Download Public Policy Brief No. 146, 2018 PDF (1.07 MB) -
Working Paper No. 798
May 01, 2014
Quality of Match for Statistical Matches Using the American Time Use Survey 2010, the Survey of Consumer Finances 2010, and the Annual Social and Economic Supplement 2011
AbstractThis paper describes the quality of the statistical matching between the March 2011 supplement to the Current Population Survey and the 2010 American Time Use Survey and Survey of Consumer Finances, which are used as the basis for the 2010 LIMEW estimates for the United States. In the first part of the paper, the alignment […]
Download Working Paper No. 798 PDF (704.11 KB) -
Working Paper No. 703
January 06, 2012
A Comparison of Inequality and Living Standards in Canada and the United States Using an Expanded Measure of Economic Well-Being
AbstractWe use the Levy Institute Measure of Economic Well-being (LIMEW), the most comprehensive income measure available to date, to compare economic well-being in Canada and the United States in the first decade of the 21st century. This study represents the first international comparison based on LIMEW, which differs from the standard measure of gross money […]
Download Working Paper No. 703 PDF (597.15 KB) -
Working Paper No. 680
July 26, 2011
The Levy Institute Measure of Economic Well-Being: Estimates for Canada, 1999 and 2005
AbstractThis report presents estimates of the Levy Institute Measure of Economic Well-Being (LIMEW) for a representative sample of Canadian households in 1999 and 2005. The results indicate that there was only modest growth in the average Canadian household’s total command over economic resources in the six years between 1999 and 2005. Although inequality in economic […]
Download Working Paper No. 680 PDF (1.99 MB) -
Working Paper No. 679
July 25, 2011
The Levy Institute Measure of Economic Well-Being, France, 1989 and 2000
AbstractWe construct estimates of the Levy Institute Measure of Economic Well-Being for France for the years 1989 and 2000. We also estimate the standard measure of disposable cash income (DI) from the same data sources. We analyze overall trends in the level and distribution of household well-being using both measures for France as a whole […]
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Working Paper No. 676
July 18, 2011
Quality of Match for Statistical Matches Used in the 1989 and 2000 LIMEW Estimates for France
AbstractThe quality of match for each of four statistical matches used in the LIMEW estimates for France for 1989 and 2000 is described. The first match combines the 1992 Enquête sur les Actifs Financiers with the 1989–90 Enquête Budget de Famille (BDF). The second match combines the 1998 General Social Survey (EDT) with the 1989–90 […]
Download Working Paper No. 676 PDF (535.57 KB) -
Working Paper No. 667
April 20, 2011
The Levy Institute Measure of Economic Well-Being, Great Britain, 1995 and 2005
AbstractWe construct estimates of the Levy Institute Measure of Economic Well-Being for Great Britain for the years 1995 and 2005. We also produce estimates of the official British measures HBAI (from the Department for Work and Pensions annual report titled “Households below Average Income”) and ROI (from the Office of National Statistics Redistribution of Income […]
Download Working Paper No. 667 PDF (1.01 MB) -
Working Paper No. 663
March 29, 2011
Quality of Match for Statistical Matches Used in the 1995 and 2005 LIMEW Estimates for Great Britain
AbstractThe quality of match of four statistical matches used in the LIMEW estimates for Great Britain for 1995 and 2005 is described. The first match combines the fifth (1995) wave of the British Household Panel Survey (BHPS) with the 1995–96 Family Resources Survey (FRS). The second match combines the 1995 time-use module of the Office […]
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Working Paper No. 618
September 16, 2010
Quality of Match for Statistical Matches Used in the 1992 and 2007 LIMEW Estimates for the United States
AbstractThe quality of match of four statistical matches used in the LIMEW estimates for the United States for 1992 and 2007 is described. The first match combines the 1992 Survey of Consumer Finances (SCF) with the 1993 March Supplement to the Current Population Survey, or Annual Demographic Supplement (ADS). The second match combines the 1985 […]
Download Working Paper No. 618 PDF (314.51 KB) -
Working Paper No. 615
September 01, 2010
Quality of Match for Statistical Matches Used in the 1999 and 2005 LIMEW Estimates for Canada
AbstractThe quality of match of four statistical matches used in the LIMEW estimates for Canada for 1999 and 2005 is described. The first match combines the 1999 Survey of Financial Security (SFS) with the 1999 Survey of Labour and Income Dynamics (SLID). The second match combines the 1998 General Social Survey (GSS) with the 1999 […]
Download Working Paper No. 615 PDF (336.65 KB) -
Research Project Report
November 16, 2009
Has Progress Been Made in Alleviating Racial Economic Inequality?
AbstractReports of a postracial society may be premature. Studies continue to show wide racial gaps in income and, especially, wealth; although there is some evidence that income gaps have shrunk over the past half century, wealth inequality is large and persistent. In this report, the authors examine trends in economic well-being between 1959 and 2007 […]
Download LIMEW Report, November 2009 PDF (223.92 KB) -
Research Project Report
April 09, 2009
New Estimates of Economic Inequality in America, 1959—2004
AbstractIn this latest LIMEW report, the authors present new evidence on the pattern of economic inequality in the United States that indicates higher inequality in 2004 than in 1959. According to the LIMEW, there was a surge in inequality between 1989 and 2000 that reflects the large increase in income from wealth for the top […]
Download LIMEW Report, April 2009 PDF (434.52 KB) -
Research Project Report
February 19, 2009
What Are the Long-Term Trends in Intergroup Economic Disparities?
AbstractOver the last half century, government policy has had an important hand in alleviating disparities among population subgroups in the United States; for example, special tax treatment for families with children has meant an improvement in the well-being of single mothers, and Medicare and Social Security have been the driving force in improving well-being among […]
Download LIMEW Report, February 2009 PDF (430.00 KB) -
Research Project Report
February 03, 2009
Postwar Trends in Economic Well-Being in the United States,1959–2004
AbstractThe Levy Institute Measure of Economic Well-Being (LIMEW) is a more comprehensive measure than either gross money income or extended income because it includes estimates of public consumption and household production, as well as the long-run benefits from the ownership of wealth. As a result, it provides a picture of economic well-being in the United […]
Download LIMEW Report, February 2009 PDF (639.69 KB) -
Working Paper No. 556
January 29, 2009
Long-Term Trends in the Levy Institute Measure of Economic Well-Being (LIMEW), United States, 1959–2004
AbstractThe motivation to construct the LIMEW in lieu of relying on the official measures of well-being is to provide a more comprehensive measure of economic inequality that will also show the disparities among key demographic groups. The authors of this new working paper show that the LIMEW provides a perspective on disparities among population subgroups […]
Download Working Paper No. 556 PDF (705.76 KB) -
Working Paper No. 535
May 13, 2008
Statistical Matching Using Propensity Scores
AbstractThis paper summarizes the background, type, logic, and working procedure of the statistical matching used in the Levy Institute Measure of Economic Well-Being (LIMEW) project to combine the various data sets used to produce the synthetic data set with which the LIMEW is constructed. The authors use the match between the 2001 Survey of Consumer […]
Download Working Paper No. 535 PDF (615.81 KB) -
Book Series
October 15, 2007
Government Spending on the Elderly
AbstractThe results are in: we are aging—individually and collectively, nationally and globally. In the United States, as in most countries with an advanced economy, the aging of the population will be a primary domestic public policy issue in the coming decades. According to Census Bureau estimates, the proportion of the elderly in the total population […]
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Research Project Report
April 30, 2007
How Well Off Are America’s Elderly?
AbstractGiven the aging of the American population and the widening gap between rich and poor—not to mention the controversy surrounding the future viability of Social Security—the economic welfare of the elderly is an extremely topical issue. This report provides a new look at America’s elderly, and shows that the official measures drastically understate their level […]
Download LIMEW Report, April 2007 PDF (2.93 MB) -
Book Series
December 27, 2006
International Perspectives on Household Wealth
AbstractThe contributors to this comprehensive book compile and analyze the latest data available on household wealth using, as case studies, the United States, Canada, Germany, Italy, Sweden, and Finland during the 1990s and into the 21st century. The authors show that in the United States, trends are highlighted in terms of wealth holdings among the […]