Blanchflower, David G.; Bryson, Alex - National Bureau of Economic Research - 2023
We show individuals' reports of subjective well being in Europe did decline in the Great Recession and during the Covid … the country, all of which dropped markedly in the Great Recession and during Covid, but bounced back quickly, as did firms …' expectations of the economy and the labor market. Neither the UN's Human Development Index (HDI) nor data used in the World …