@TechReport{iza:izadps:dp12963, author={Bloom, David E. and Fan, Victoria Y. and Kufenko, Vadim and Ogbuoji, Osondu and Prettner, Klaus and Yamey, Gavin}, title={Going Beyond GDP with a Parsimonious Indicator: Inequality-Adjusted Healthy Lifetime Income}, year={2020}, month={Feb}, institution={Institute of Labor Economics (IZA)}, address={Bonn}, type={IZA Discussion Paper}, number={12963}, url={https://www.iza.org/publications/dp12963}, abstract={Per capita GDP has limited use as a well-being indicator because it does not capture many dimensions that imply a "good life," such as health and equality of opportunity. However, per capita GDP has the virtues of easy interpretation and can be calculated with manageable data requirements. Against this backdrop, a need exists for a measure of well-being that preserves the advantages of per capita GDP, but also includes health and equality. We propose a new parsimonious indicator to fill this gap and calculate it for 149 countries.}, keywords={beyond GDP;well-being;health;inequality;human development;lifetime income}, }