Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/88983
Authors: 
Lora, Eduardo
Powell, Andrew
Year of Publication: 
2011
Series/Report no.: 
IDB Working Paper Series IDB-WP-272
Abstract: 
This paper proposes a methodology to resolve the problems that result from using a combination of objective and subjective information in evaluating urban quality of life. The paper further suggests techniques to identify and rank issues of potential importance for urban dwellers. In order to combine objective and subjective information in a coherent manner and focus on the most relevant dimensions of the quality of life in a city or neighborhood, the paper attempts to exploit the complementary nature of two approaches: the “hedonic” approach, which employs market prices for housing, and the “life satisfaction” approach, which addresses subjective well-being. Results using both approaches in selected Latin American cities are discussed and compared. The paper concludes with a discussion of potential uses of the two-pronged methodology for policy analysis.
JEL: 
D19
H41
H42
I31
Document Type: 
Working Paper

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