||The Health Equivalent Adjusted Level (HEAL): Taking an Ordinal Approach to the Measurement of a Society's Health Achievements
SILBER, JacquesXU, Yongsheng
2016-08 , Hitotsubashi Institute for Advanced Study, Hitotsubashi University
This paper, following earlier work on the cardinal measurement of ordinal health inequality, proposes an axiomatic derivation of the health achievement in a population when only ordinal information on health is available. An empirical illustration based on EU data for 27 countries during the period 2005-2012 is then presented which confirms the usefulness of the new measure of health achievement that has been introduced.