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

Abstrakt

How did the financial crisis affect population welfare in EU member states in
key dimensions such as income, health, and education? Using EU-SILC data,
we seek to answer this question by way of first order dominance comparisons
between countries and over time. The novel feature of our study is that we
perform welfare comparisons on the basis of multi-level multidimensional ordinal
data. We nd 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,
and no member states have experienced a dominance deterioration.
OriginalsprogEngelsk
UdgiverDepartment of Business and Economics, SDU
Antal sider33
StatusUdgivet - 2017
NavnDiscussion Papers on Business and Economics
Nummer10
Vol/bind2017

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Citationsformater

Hussain, M. A., Siersbæk, N., & Østerdal, L. P. (2017). Multidimensional Welfare Comparisons of EU Member States Before, During, and After the Financial Crisis: A Dominance Approach. Department of Business and Economics, SDU. Discussion Papers on Business and Economics, Nr. 10, Bind. 2017