Equity in the City: On Measuring Urban (Ine)Quality of Life

Abstract

We merge contributions from the New Urban Economics and inequality measurement to assess quality of life (QOL) in a given city. We take the point of view of a city planner in favor of an even accessibility to amenities within the city. Instead of the average value of amenities computed in the Roback (1982) QOL index, our index captures the value of its multidimensional "certainty equivalent". We apply this methodology to derive a QOL index for the city of Milan.Urban quality of life, amenities, hedonic prices, inequality index, just city.