Does the Covid-19 Pandemic Make People Unhappy? Evidence from a Six-Country Survey
Cuong Nguyen
Hitotsubashi Journal of Economics, 2023, vol. 64, issue 1, 18-41
Abstract:
Does the COVID-19 pandemic cause people to be unhappy? In this study, we used a recent survey from China, Japan, South Korea, Italy, the United Kingdom and the United States to explore this question. We find that a one permille point increase in the incidence of COVID-19 cases reduces the happiness level by 0.13% and increases the proportion of people reporting unhappiness by 0.54%. Possibly, the channels through which the COVID-19 pandemic causes unhappiness are negative effects on economic outcomes and social interactions of people. We also find that more disadvantaged people, including poor, rural, females, and older people, are more likely to be affected by the pandemic.
Keywords: COVID-19; happiness; life satisfaction; income loss; job loss (search for similar items in EconPapers)
JEL-codes: I30 J18 J24 (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:hit:hitjec:v:64:y:2023:i:1:p:18-41
DOI: 10.15057/hje.2023002
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