Valuing informal care experience: Does choice of measure matter?

Mentzakis, Emmanouil, McNamee, Paul, Ryan, Mandy and Sutton, Matthew (2012) Valuing informal care experience: Does choice of measure matter? Social Indicators Research, 108 (1). pp. 169-184. ISSN 0303-8300

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Well-being equations are often estimated to generate monetary values for non-marketed activities. In such studies, utility is often approximated by either life satisfaction or General Health Questionnaire scores. We estimate and compare monetary valuations of informal care for the first time in the UK employing both measures, using longitudinal data on well-being and informal care provision. The choice of well-being measure has some effect on the estimated parameters and resulting monetary valuations, but any differences are not statistically significant. Further research is needed to confirm the comparability of these measures if researchers are to continue to use them interchangeably.

Item Type: Article
Faculty \ School: Faculty of Medicine and Health Sciences > Norwich Medical School
Depositing User: Users 2731 not found.
Date Deposited: 19 Dec 2011 14:59
Last Modified: 16 Jan 2024 01:20
DOI: 10.1007/s11205-011-9873-y

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