The Great Recession of 2008 from the Subjective Well-being Perspective: Implication for Policy-making in the EU Countries
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216208%3A11230%2F22%3A10454274" target="_blank" >RIV/00216208:11230/22:10454274 - isvavai.cz</a>
Result on the web
<a href="https://verso.is.cuni.cz/pub/verso.fpl?fname=obd_publikace_handle&handle=lvhct9s1sT" target="_blank" >https://verso.is.cuni.cz/pub/verso.fpl?fname=obd_publikace_handle&handle=lvhct9s1sT</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.2478/nispa-2022-0014" target="_blank" >10.2478/nispa-2022-0014</a>
Alternative languages
Result language
angličtina
Original language name
The Great Recession of 2008 from the Subjective Well-being Perspective: Implication for Policy-making in the EU Countries
Original language description
Literature review implies that despite the Great Recession of 2008 the economic policy paradigm continues to prevail in assessing and measuring the well-being in the EU countries. This means that the institutional goals and the follow-up policies also tend to favor economic over non-economic objectives. This paper examines to what extent the Great Recession has increased or decreased the influence of economic factors on subjective well-being and the implications for policy-making. Regression analysis of subjective well-being data from 2006, 2011, and 2016 from 16 countries from the European Union shows that the influence of economic factors on subjective well-being is stronger than before the Great Recession in the majority of the analyzed countries. It has also revealed that satisfaction with one's standard of living is a much stronger predictor of subjective well-being than the overall economic situation.
Czech name
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Czech description
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Classification
Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
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OECD FORD branch
50602 - Public administration
Result continuities
Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Others
Publication year
2022
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
The NISPAcee Journal of Public Administration and Policy
ISSN
1337-9038
e-ISSN
1338-4309
Volume of the periodical
15
Issue of the periodical within the volume
2
Country of publishing house
SK - SLOVAKIA
Number of pages
30
Pages from-to
71-100
UT code for WoS article
000894776800004
EID of the result in the Scopus database
2-s2.0-85143910541