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A Multi-dimensional Individual Well-Being Framework: With an Application to Older Australians.
- Source :
- Social Indicators Research; Dec2019, Vol. 146 Issue 3, p581-608, 28p, 1 Diagram, 5 Charts
- Publication Year :
- 2019
-
Abstract
- This paper constructs a multi-dimensional individual well-being (MIW) indicator framework to explicitly recognise the inter-relationship between economic and non-economic dimensions in encapsulating the totality of an individual's life. The MIW framework treats individual well-being as a multi-dimensional concept disaggregable into uniquely defined but latent well-being dimensions with observable indicators attached to each. A composite well-being index applicable to individual level analysis is developed through a series of intra-personal aggregative procedures. The results are based on person-level data from the household, income and labour dynamics in Australia survey and applied to an assessment of the individual well-being of older Australians, aged 65 years and over. The findings indicate that, although older Australians have slightly lower overall well-being compared to non-older adults, driven primarily by declining physical health and to a lesser extent mental health, they maintain strong personal relationships, and engage actively in their communities. More generally, the approach outlines how to quantify objective multi-dimensional assessments of individual well-being. [ABSTRACT FROM AUTHOR]
- Subjects :
- WELL-being
OLDER people
Subjects
Details
- Language :
- English
- ISSN :
- 03038300
- Volume :
- 146
- Issue :
- 3
- Database :
- Complementary Index
- Journal :
- Social Indicators Research
- Publication Type :
- Academic Journal
- Accession number :
- 139791852
- Full Text :
- https://doi.org/10.1007/s11205-019-02132-w