A Theory of Lifetime Welfare: Cycles, Trend, Span, and Policies
Códigos JEL.: D11, D60, D62, D70
- Autores:
-
Vallejo González, Hernán Eduardo
- Tipo de recurso:
- Work document
- Fecha de publicación:
- 2024
- Institución:
- Universidad de los Andes
- Repositorio:
- Séneca: repositorio Uniandes
- Idioma:
- eng
- OAI Identifier:
- oai:repositorio.uniandes.edu.co:1992/74222
- Acceso en línea:
- https://hdl.handle.net/1992/74222
- Palabra clave:
- Lifetime welfare
Individual welfare trend curve
Welfare smoothing
Marginal rate of welfare trend change
Social welfare trends function and frontier
Easterlin paradox
Economía
- Rights
- openAccess
- License
- https://repositorio.uniandes.edu.co/static/pdf/aceptacion_uso_es.pdf
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dc.title.none.fl_str_mv |
A Theory of Lifetime Welfare: Cycles, Trend, Span, and Policies |
title |
A Theory of Lifetime Welfare: Cycles, Trend, Span, and Policies |
spellingShingle |
A Theory of Lifetime Welfare: Cycles, Trend, Span, and Policies Lifetime welfare Individual welfare trend curve Welfare smoothing Marginal rate of welfare trend change Social welfare trends function and frontier Easterlin paradox Economía |
title_short |
A Theory of Lifetime Welfare: Cycles, Trend, Span, and Policies |
title_full |
A Theory of Lifetime Welfare: Cycles, Trend, Span, and Policies |
title_fullStr |
A Theory of Lifetime Welfare: Cycles, Trend, Span, and Policies |
title_full_unstemmed |
A Theory of Lifetime Welfare: Cycles, Trend, Span, and Policies |
title_sort |
A Theory of Lifetime Welfare: Cycles, Trend, Span, and Policies |
dc.creator.fl_str_mv |
Vallejo González, Hernán Eduardo |
dc.contributor.author.none.fl_str_mv |
Vallejo González, Hernán Eduardo |
dc.subject.keyword.none.fl_str_mv |
Lifetime welfare Individual welfare trend curve Welfare smoothing Marginal rate of welfare trend change Social welfare trends function and frontier Easterlin paradox |
topic |
Lifetime welfare Individual welfare trend curve Welfare smoothing Marginal rate of welfare trend change Social welfare trends function and frontier Easterlin paradox Economía |
dc.subject.themes.none.fl_str_mv |
Economía |
description |
Códigos JEL.: D11, D60, D62, D70 |
publishDate |
2024 |
dc.date.accessioned.none.fl_str_mv |
2024-05-14T16:04:09Z |
dc.date.available.none.fl_str_mv |
2024-05-14T16:04:09Z |
dc.date.issued.none.fl_str_mv |
2024-05 |
dc.type.spa.fl_str_mv |
Documento de trabajo |
dc.type.driver.spa.fl_str_mv |
info:eu-repo/semantics/workingPaper |
dc.type.version.none.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.coar.spa.fl_str_mv |
http://purl.org/coar/resource_type/c_8042 |
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http://purl.org/coar/version/c_970fb48d4fbd8a85 |
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Text |
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http://purl.org/redcol/resource_type/WP |
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http://purl.org/coar/resource_type/c_8042 |
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publishedVersion |
dc.identifier.issn.none.fl_str_mv |
1657-7191 |
dc.identifier.uri.none.fl_str_mv |
https://hdl.handle.net/1992/74222 |
dc.identifier.doi.none.fl_str_mv |
10.57784/1992/74222 |
identifier_str_mv |
1657-7191 10.57784/1992/74222 |
url |
https://hdl.handle.net/1992/74222 |
dc.language.iso.none.fl_str_mv |
eng |
language |
eng |
dc.relation.ispartofseries.none.fl_str_mv |
Documentos CEDE; 2024-16 |
dc.relation.repec.none.fl_str_mv |
https://ideas.repec.org/p/col/000089/021135.html |
dc.rights.uri.none.fl_str_mv |
https://repositorio.uniandes.edu.co/static/pdf/aceptacion_uso_es.pdf |
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info:eu-repo/semantics/openAccess |
dc.rights.coar.spa.fl_str_mv |
http://purl.org/coar/access_right/c_abf2 |
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https://repositorio.uniandes.edu.co/static/pdf/aceptacion_uso_es.pdf http://purl.org/coar/access_right/c_abf2 |
eu_rights_str_mv |
openAccess |
dc.format.extent.none.fl_str_mv |
56 páginas |
dc.format.mimetype.none.fl_str_mv |
application/pdf |
dc.publisher.spa.fl_str_mv |
Universidad de los Andes |
dc.publisher.faculty.none.fl_str_mv |
Facultad de Economía |
institution |
Universidad de los Andes |
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Vallejo González, Hernán Eduardo2024-05-14T16:04:09Z2024-05-14T16:04:09Z2024-051657-7191https://hdl.handle.net/1992/7422210.57784/1992/74222Códigos JEL.: D11, D60, D62, D70This article presents a theory of lifetime welfare, considering the corresponding cycles, trend, and span. The model suggests that economic agents should focus more on improving, smoothing, and stabilizing the welfare trend of individuals, than on improving, smoothing, and stabilizing their consumption and income, since they are not the same. Given that private and public decisions can generate internalities and externalities, and thus, inefficiencies, these results can justify individual, social, and government interventions, for example in lifestyle, and the education, health, pension, and insurance markets. It is argued that this approach can be a complement to the worldwide efforts to improve the coverage and sustainability of the health and pension systems; help explain the so-called Easterlin paradox, and contribute to the wellness set point debate in psychology.Este artículo presenta una teoría del bienestar a lo largo de la vida, considerando los ciclos, la tendencia y la duración correspondientes. El modelo sugiere que los agentes económicos deberían centrarse más en mejorar, suavizar y estabilizar la tendencia del bienestar de los individuos que en mejorar, suavizar y estabilizar su consumo e ingresos, ya que no son lo mismo. Dado que las decisiones públicas y privadas pueden generar internalidades y externalidades y, por tanto, ineficiencias, éstos resultados pueden justificar intervenciones individuales, sociales y gubernamentales, por ejemplo en los estilos de vida y en los mercados de educación, salud, pensiones y seguros. Se argumenta que este enfoque puede ser un complemento a los esfuerzos mundiales para mejorar la cobertura y sostenibilidad de los sistemas de salud y pensiones; ayudar a explicar la llamada paradoja de Easterlin y contribuir al debate sobre el punto fijo del bienestar en psicología.56 páginasapplication/pdfengUniversidad de los AndesFacultad de EconomíaDocumentos CEDE; 2024-16https://ideas.repec.org/p/col/000089/021135.htmlhttps://repositorio.uniandes.edu.co/static/pdf/aceptacion_uso_es.pdfinfo:eu-repo/semantics/openAccesshttp://purl.org/coar/access_right/c_abf2A Theory of Lifetime Welfare: Cycles, Trend, Span, and PoliciesDocumento de trabajoinfo:eu-repo/semantics/workingPaperinfo:eu-repo/semantics/publishedVersionhttp://purl.org/coar/resource_type/c_8042http://purl.org/coar/version/c_970fb48d4fbd8a85Texthttp://purl.org/redcol/resource_type/WPLifetime welfareIndividual welfare trend curveWelfare smoothingMarginal rate of welfare trend changeSocial welfare trends function and frontierEasterlin paradoxEconomíaPublicationORIGINALdcede2024-16.pdfdcede2024-16.pdfapplication/pdf10600575https://repositorio.uniandes.edu.co/bitstreams/3aaf0b8f-cfec-4d04-916b-4c3c113519da/download03a1267c9ed2283959a80222ef77cd8cMD51LICENSElicense.txtlicense.txttext/plain; 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