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What life satisfaction do we lose during a recession or gain during a boom

19 October 2014

Similar considerations are linked with the far more important question: does more money give greater satisfaction? Jan-Emmanuel De Neve and Michael Norton, professors from the London School of Economics and Harvard University examined data for the past 40 years from more than 150 countries. Specifically, they were about the possible relationship between the mental health and the economic cycle.

This article was published online by Patria online (Czechoslovakia) on October 19, 2014
Link to article here


Related Publications and films
'Individual Experience of Positive and Negative Growth is Asymmetric: Evidence from Subjective Well-being Data', Femke De Keulenaer, Jan-Emmanuel De Neve, Georgios Kavetsos, Michael I. Norton, Bert Van Landeghem and George W. Ward, Centre for Economic Performance Discussion Paper No.1304,October 2014
The untold story of the recession: the psychological cost
The psychological cost of a few years of recession can wipe out the benefits of many years of growth. Jan-Emmanuel De Neve of the Centre for Economic Performance explains his latest research on the effect of the recent recession on people's wellbeing.
View film here.

Related Links
Jan-Emmanuel De Neve webpage
Wellbeing webpage

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