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Groningen Growth and Development Centre

Faculty of Economics and Business
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Living standards in the UK at the start of the industrial revolution

Date:27 May 2020

Herman de Jong and Daniel Gallardo published a paper in the European Review on Economic History on the evolution of English living standards during the early phase of industrialization (1760-1850). The paper takes a multi-dimensional perspective and applies an indicator that combines four key dimensions of well-being: material living standards, health, working time and inequality. Contrary to other composite measures of well-being, this welfare metric draws on standard economic theory to aggregate its underlying components.

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