Well-being and the Great Recession in Spain

Jesús Peiró-Palomino (), Francesco Perugini and Andres Picazo-Tadeo

Applied Economics Letters, 2019, vol. 26, issue 15, 1279-1284

Abstract: This letter assesses the impact of the Great Recession on well-being in Spanish provinces using two alternative composite indicators of objective well-being that include somewhat different dimensions. Whereas the crisis notably eroded economic well-being, its impact on overall well-being – which in addition to economic dimensions also includes non-economic ones – was imperceptible. This result points to the need to carefully define and assess well-being in empirical analyses.

Date: 2019
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DOI: 10.1080/13504851.2018.1545076

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