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_c6139 _d6139 |
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| 005 | 20250625151504.0 | ||
| 008 | 190117s2018 -nz||||| |||| 00| 0 eng d | ||
| 020 | _a978-1-98-855677-2 | ||
| 040 | _aAFVC | ||
| 100 |
_aKing, Anita _97370 |
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| 245 |
_aLiving Standards analysis model : _bthe first prototype _cAnita King |
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_aWellington, New Zealand : _bNew Zealand Treasury, _c2018 |
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| 300 | _aelectronic document (137 pages) ; PDF file; HTML | ||
| 500 | _aNew Zealand Treasury Working Paper, 18/05, December 2018 | ||
| 520 | _aHow do we understand the synergies and trade-offs of a given policy on area beyond that policy, such as the effect of housing on health and on income? How do we choose between policies in completely different areas, such as an education policy and a health policy? Treasury’s Living Standards Framework provides one possible starting point, but it provides little assistance tracing the many dependencies between policy areas. A model that includes those dependencies could help. The Living Standards Analysis Model (LSAM) is designed to do this. A first prototype of the model has just been developed. This model includes all eleven aspects of wellbeing as described by the OECD’s How’s Life? framework and linkages between the different aspects for a small open economy. Most models for studying wellbeing only include one or two aspects, missing the rich set of interactions that can occur with greater coverage. As an early prototype, this version of the model does have many flaws and requires significant further development, but it forms a basis for creating an improved model as well as providing some qualitatively useful results. The model is loosely based on a stocks-and-flows type of model, with a small general equilibrium model covering the market economy part of the model. This paper is focussed on the description of the model. (Author's abstract). Access the website for other information and publications related to the development of the Living Standards Framework. Record #6139 | ||
| 650 |
_aECONOMIC ANALYSIS _9212 |
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| 650 |
_aGOVERNMENT POLICY _9275 |
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| 650 |
_aLiving Standards Analysis Model _98141 |
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_97369 _aLiving Standards Framework |
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| 650 |
_aSOCIAL POLICY _9551 |
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| 650 | 0 |
_aWELLBEING _96275 |
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| 651 | 4 |
_aNEW ZEALAND _92588 |
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| 773 | 0 | 3 | _tNew Zealand Treasury Working Paper, 18/05, December 2018 |
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_aNew Zealand Treasury Working Paper _98142 |
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| 856 | _uhttps://treasury.govt.nz/publications/wp/wp-18-05 | ||
| 856 |
_uhttps://treasury.govt.nz/information-and-services/nz-economy/living-standards _yAccess the website |
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| 942 |
_2ddc _cREPORT |
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