The Soundtrack of a Crisis: More Positive Music Preferences During Economic and Social Adversity
Marco Palomeque and
Juan de-Lucio ()
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Juan de-Lucio: Universidad de Alcalá
Authors registered in the RePEc Author Service: Juan José de Lucio
Journal of Happiness Studies, 2024, vol. 25, issue 5, No 6, 24 pages
Abstract:
Abstract This paper studies the positiveness in most consumed songs during a period of sadness, worry and uncertainty: the COVID-19 crisis in comparison with previous years. In order to perform the analysis, we create an original positive music indicator using a dataset of weekly patterns for music consumption in 31 OECD countries over a five year period. Results show that negative shocks from events such as economic business cycles and the COVID-19 pandemic increase the consumption of positive songs, suggesting that society compensates the negative impact on well-being with positive music. We conclude that society adapts sentiment-based music consumption preferences according to the socioeconomic situation.
Keywords: Unemployment; Pandemic; COVID-19; Music consumption; Well-being; Recession; Crisis (search for similar items in EconPapers)
JEL-codes: E7 Z11 (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:spr:jhappi:v:25:y:2024:i:5:d:10.1007_s10902-024-00757-4
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DOI: 10.1007/s10902-024-00757-4
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