The effect of the Brexit referendum result on subjective well-being*

Georgios Kavetsos, Ichiro Kawachi, Ilias Kyriopoulos and Sotiris Vandoros

LSE Research Online Documents on Economics from London School of Economics and Political Science, LSE Library

Abstract: We study the effect of the Brexit referendum result on subjective well-being in the United Kingdom. Using a quasi-experimental design, we find that the referendum’s outcome led to an overall decrease in subjective well-being in the United Kingdom compared to a control group. The effect is driven by individuals who hold an overall positive image of the European Union and shows little signs of adaptation during the Brexit transition period. Economic expectations are potential mechanisms of this effect.

Keywords: Brexit; election; happiness; referendum; subjective well-being (search for similar items in EconPapers)
JEL-codes: D72 I30 I31 I38 (search for similar items in EconPapers)
Pages: 25 pages
Date: 2021-04-01
New Economics Papers: this item is included in nep-hap and nep-int
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Citations: View citations in EconPapers (5)

Published in Journal of the Royal Statistical Society. Series A: Statistics in Society, 1, April, 2021, 184(2), pp. 707 - 731. ISSN: 0964-1998

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Related works:
Journal Article: The effect of the Brexit referendum result on subjective well‐being (2021)
Working Paper: The effect of the Brexit referendum result on subjective well-being (2018)
Working Paper: The effect of the Brexit referendum result on subjective well-being (2018)
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Persistent link: https://EconPapers.repec.org/RePEc:ehl:lserod:110517

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