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Multidimensional Well-Being Measurement Practices ; A Review Focused on Improving Global Multidimensional Poverty Indicators

Title: Multidimensional Well-Being Measurement Practices ; A Review Focused on Improving Global Multidimensional Poverty Indicators
Authors: Decerf, Benoit
Publisher Information: World Bank
Publication Year: 2024
Collection: The World Bank: Open Knowledge Repository (OKR)
Subject Terms: MULTIDIMENSIONAL WELLBEING; POVERTY MEASUREMENT; DATA CONSTRAINTS
Description: Multidimensional well-being indicators have the potential to reduce the “bias” associated to monetary indicators. However, they face stringent data constraints. This paper studies the construction of indicators that strike a balance between (i) reliability in approximating conceptually sound well-being comparisons and (ii) simplicity of application and communication. The recommendations focus on global multidimensional poverty measures. The paper identifies three potential sources of improvements: “wasting” less data, better filtering the data, and further developing multidimensional analysis. Less information would be “wasted” by avoiding needlessly dichotomizing all the variables, using the available mortality data, and combining variables from separate surveys. To filter the data better, “equal weights” could be replaced by weights selected from external information on preferences. When the data permit, the unit of analysis should be switched from household level to individual level. Finally, multidimensional indicators should be used to help move beyond a suboptimal “dimension-by-dimension” approach to policy making.
Document Type: report
File Description: application/pdf; text/plain
Language: English
Relation: Policy Research Working Paper; 10800; http://documents.worldbank.org/curated/en/099419506122440751/IDU1113af93419f04142501845d13c71b3376a03; https://hdl.handle.net/10986/41703
DOI: 10.1596/1813-9450-10800
Availability: https://hdl.handle.net/10986/41703; http://documents.worldbank.org/curated/en/099419506122440751/IDU1113af93419f04142501845d13c71b3376a03; https://doi.org/10.1596/1813-9450-10800
Rights: CC BY 3.0 IGO ; https://creativecommons.org/licenses/by/3.0/igo/ ; World Bank
Accession Number: edsbas.42FF4115
Database: BASE