Publicación: Multidimensional measures of economic insecurity in Spain: the role of aggregation and weighting methods
Fecha
2021-08
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Derechos de acceso
info:eu-repo/semantics/openAccess
Licencia Creative Commons
http://creativecommons.org/licenses/by-nc/4.0/deed.es
Título de la revista
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Editor
Instituto de Estudios Fiscales
Resumen
Economic insecurity is a relevant dimension of well-being. The limited availability of subjective expectations’ surveys makes multidimensional insecurity indices based on living conditions surveys a valuable alternative. We study differences in synthetic indicators of insecurity for Spain using different methods to aggregate and weigh dimensions. We show that its evolution and distribution is robust to the aggregation procedure, even though levels do differ. All procedures present strengths and weaknesses but the counting approach has a direct economic interpretation and can better capture insecurity in the middle classes.
Other aggregation methods are less transparent and give more relevance to extreme situations.
Descripción
This is the version accepted for publication in Hacienda Pública Española / Review of Public Economics. The final published version is available in Hacienda Pública Española / Review of Public Economics, 2021. DOI: https://dx.doi.org/10.7866/HPE-RPE.21.3.2.
Esta es la versión aceptada para su publicación en Hacienda Pública Española / Review of Public Economics. La versión final publicada está disponible en Hacienda Pública Española / Review of Public Economics, 2021. DOI: https://dx.doi.org/10.7866/HPE-RPE.21.3.2
Categorías UNESCO
Palabras clave
Economic insecurity, objective and subjective measures, polyserial correlations, counting approach, EU-SILC
Citación
Cantó, O., García-Pérez, C., & Romaguera-de-la-Cruz, M. (2021). Multidimensional measures of economic insecurity in Spain: the role of aggregation and weighting methods. Hacienda Pública Española / Review of Public Economics, 238-(3/2021), 29-60. DOI: https://dx.doi.org/10.7866/HPE-RPE.21.3.2
Centro
Facultades y escuelas::Facultad de Derecho
Departamento
Economía Aplicada y Gestión Pública