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Cited by 270

The DOI matches its Crossref record; 47 of the 47 references it cites were found in a registry or an index.

Biological Measures of the Standard of Living

Steckel, Richard H·2008·Journal of Economic Perspectives

Abstract

When economists investigate long-term trends and socioeconomic differences in the standard of living or quality of life, they have traditionally focused on monetary measures such as gross domestic product—which has occupied center stage for over 50 years. In recent decades, however, scholars have increasingly recognized the limitations of monetary measures while seeking useful alternatives. This essay examines the unique and valuable contributions of four biological measures—life expectancy, morbidity, stature, and certain features of skeletal remains—to understand levels and changes in human well-being. People desire far more than material goods and in fact they are quite willing to trade or give up material things in return for better physical or psychological health. For most people, health is so important to their quality of life that it is useful to refer to the “biological standard of living.” Biological measures may be especially valuable for historical studies and for other research circumstances where monetary measures are thin or lacking. A concluding section ruminates on the future evolution of biological approaches in measuring happiness.

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Metadata

Authors
Steckel, R. H.
Venue
Journal of Economic Perspectives
Published
2008-02-01
Volume
22
Issue
1
Pages
129-152
ISSN
0895-3309 (ISSN-L)
OpenAlex
W1971102482
Cited by
270
References
47
FWCI
53.43
Type
journal article
Language
en
Open access
closed

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CoChat. (2026). Citation check: Biological Measures of the Standard of Living. https://app.cochat.ai/papers/10.1257/jep.22.1.129
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Steckel, R. H. (2008). Biological Measures of the Standard of Living. Journal of Economic Perspectives. https://doi.org/10.1257/jep.22.1.129

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