Recent empirical literature has seen many multidimensional indices emerge as well-being or poverty measures, in particular indices derived from principal components and various latent variable models. Though such indices are being increasingly and widely employed, few studies motivate their use or report the standard errors or confidence intervals…

Quality of life (QOL) is considered as a global, yet unidimensional, subjective assessment of one's satisfaction with life. We examine the construct validity of the available indicators of global QOL by constructing a causal model in which QOL is viewed as causally responding to several dimensions of perceived health. Global QOL is measured with…