Changes in Determinants of Life Satisfaction of People Aged 50 and Over before and after the Outbreak of COVID-19

Mihaela Angelova

Economic Studies journal, 2024, issue 2, 114-138

Abstract: The goal of this longitudinal study is to analyse the changes in determinants of life satisfaction of older people in Europe and highlight risk predictors of frustration before and after the outbreak of Covid-19. Parallel analyses of Wave 7 and Wave 8 data of Survey of Health, Ageing and Retirement in Europe (SHARE) are performed to examine the relationship between different determinants and life satisfaction at basic model and post covid model. Logistic regression models are evaluated for both scenarios to explore the dependence between life satisfaction and various demographic, economic, health and behavioural factors. Transformation of the main model on Wave 8 data is applied to assess whether friends net, use of internet, vigorous sport activities and health care factors affect life satisfaction. The research provides an up-to-date picture of the changes in the behaviour of older people in Europe with a focus on specific challenges related to the global pandemic. Results suggest directions for interventions that will improve the life satisfaction of older people in ordinary scenarios and in severe times, as well as directions for better fit between academic research and the needs of policymakers and practitioners at the sphere of design and implementation of social policies focused on increase the life satisfaction and ultimately aiming to foster economic growth.

JEL-codes: I3 (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:bas:econst:y:2024:i:2:p:114-138

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