Consumption 'better measure' of Kiwis' wellbeing - study

16/09/2016

An article from the TVNZ website about Motu's recent working paper.

Consumption rather than income is a more accurate predictor of how satisfied people are, according to a study that looked at New Zealand data.

Co-author Dr Arthur Grimes says the study shows that the income measures commonly used by government are not necessarily the best for assessing poverty or subjective wellbeing. More...