The Impact of COVID-19 on Life Satisfaction: A Cross-National, Long Term Perspective
摘要
This chapter, using Eurobarometer data and macro-economic time series (GDP, unemployment), examines first the impact of age, period, cohort, and economic variables on general life satisfaction. Next, we compare the impact on predicted life satisfaction trends for the COVID-19 crisis and for previous severe economic crises. In the analysis a long term (1973–2022) and a cross-national perspective (eight West-European countries) is used. The study found that period effects dominate cohort effects, except in France. Past severe economic recessions, have a significant and lasting impact on life satisfaction. The COVID-19 crisis and the early 1980s economic crisis have comparable short-term effects on life satisfaction, but the latter crisis has a deeper and longer-lasting trough.