scholarly journals Underemployment and well-being in the UK before and after the Great Recession

2016 ◽  
Vol 31 (1) ◽  
pp. 71-89 ◽  
Author(s):  
Jason Heyes ◽  
Mark Tomlinson ◽  
Adam Whitworth
Keyword(s):  
Economic Crisis ◽  
Great Recession ◽  
Negative Impact ◽  
Well Being ◽  
Subjective Well Being ◽  
The Great Recession ◽  
Before And After ◽  
Different Dimensions ◽  
The Uk

Since the start of the economic crisis in 2008 there has been widespread concern with changes in the level and composition of unemployment. The phenomenon of underemployment has, however, received markedly less attention, although it too increased in extent following the start of the crisis. This article considers the consequences of underemployment for the subjective well-being of UK employees. Drawing on data from the 2006 and 2012 Employment and Skills Surveys, the article assesses how the Great Recession affected relationships between different dimensions of underemployment and well-being. The findings demonstrate that the negative well-being consequences of workers’ dissatisfaction with opportunities to make use of their abilities became more substantial, as did the consequences of being ‘hours constrained’ and having an unsatisfactory workload. The article also shows that the economic crisis had a negative impact on the well-being of employees who work very long hours.

The Great Recession and Life Satisfaction

2017 ◽  
Author(s):  
John Ifcher ◽  
Amanda Cabacungan
Keyword(s):  
Life Satisfaction ◽  
Great Recession ◽  
Housing Price ◽  
Well Being ◽  
Wealth Effects ◽  
Retirement Age ◽  
Behavioral Risk ◽  
Subjective Well Being ◽  
The Great Recession ◽  
The Impact

Using data from the US Centers for Disease Control and Prevention’s Behavioral Risk Factor Surveillance System, we examine the impact of the Great Recession on subjective well-being (as measured by life satisfaction) and attempt to identify disparate effects by age. We find that those approaching retirement age (aged 55 to 64) experienced reduced life satisfaction after the recession, whereas younger working-aged adults did not. The disparate effects by age cannot be explained by income or unemployment trends, but may be explained by wealth effects. For example we find that the life satisfaction of those approaching retirement age, but not of younger working-age adults, is closely correlated with wealth indices (e.g. the Case–Shiller Housing Price Index and the S&P 500 Index).

scholarly journals The Well-Being Gap during the Great Recession: The Role of Growth and Institutions

2020 ◽  
Vol 12 (2) ◽  
pp. 24
Author(s):  
Marco Ciziceno ◽  
Pietro Pizzuto
Keyword(s):  
Low Income ◽  
Great Recession ◽  
Potential Role ◽  
Well Being ◽  
European Countries ◽  
Economic Downturn ◽  
Subjective Well Being ◽  
Negative Effects ◽  
The Great Recession

The purpose of this paper is to examine the well-being dynamics across European countries during the Great Recession and to investigate the potential role of the quality of formal institutions in mitigating the negative effect of the economic downturn. This study uses the club convergence methodology by Phillips and Sul (2007; 2009) to group EU-28 countries that present similar features in terms of well-being during the period 2005-2017. The study also applies probit models to investigate the potential role of several social and institutional characteristics that are supposed to affect subjective well-being levels. The results show the existence of a “well-being gap” among European countries. The economic downturn started in 2008 has impacted the perceived well-being more in low-income and low-growth countries (less developed transition and Southern countries), than in high-income and more developed transition countries. The study also shows that countries that present well-functioning institutional systems and, more in general, good institutional performances show higher life satisfaction levels and tend to be more resilient to the negative effects generated by the economic shock.

scholarly journals Transition to first birth during the Great Recession: the case of Greece

Genus ◽  
2020 ◽  
Vol 76 (1) ◽  
Author(s):  
Charalampos Dantis ◽  
Ester Lucia Rizzi
Keyword(s):  
Economic Crisis ◽  
Great Recession ◽  
Economic Recession ◽  
Economic Uncertainty ◽  
First Birth ◽  
Highly Educated ◽  
The Great Recession ◽  
Selection Processes ◽  
First Child ◽  
Before And After

Abstract In this study, we examine the effects of the economic uncertainty of partners on the transition to first birth in Greece before and after the onset of the recent economic crisis. After selecting a sample of childless couples, we applied a random effects model to EU-SILC data for the period 2005–2013. Few studies have focused on the association between economic uncertainty and fertility in Greece considering characteristics of both partners. Even fewer studies have examined panel data in the context of the recent crisis. Our findings show that Greek couples in which both partners are employed, have a high income, or are highly educated are in a more favourable position to have a first child. During the Greek Great Recession, corresponding in our study to the period 2010–2013, the odds of having a first child decreased to half the odds in the 2005–2009 period. The recession period also modified the effect of couples’ characteristics on first childbearing. During the economic crisis, male breadwinner couples were particularly penalized in their transition to have a first child. Surprisingly, couples with at least one temporary worker, usually the woman, were encouraged to have their first child. Implications in terms of gender and social inequality are discussed in the concluding section, and selection processes at play are also discussed. Keywords Fertility, Economic uncertainty, Economic recession, Greece

The effect of the reductions in social interactions due to the economic crisis on the subjective well-being of non-insurance health care seekers in Greece

2016 ◽  
Vol 33 (S1) ◽  
pp. S194-S194 ◽  
Author(s):  
G. Lyrakos ◽  
M. Grigoriadou ◽  
T. Zacharis ◽  
M. Grigoraki ◽  
D. Menti ◽  
...  
Keyword(s):  
Health Care ◽  
Financial Crisis ◽  
Social Interactions ◽  
Economic Crisis ◽  
Negative Impact ◽  
Well Being ◽  
Medium Effect ◽  
Subjective Well Being ◽  
Peer Socialization ◽  
Competing Interest

BackgroundSocial interactions have an important effect on the subjective well-being of individuals. However, in periods of financial crisis these interactions are reduced, affecting thus the mental health of the individuals as well.AimTo investigate the effect of the reduction in social interactions, as a result of the economic crisis, on the subjective well-being of non-insurance health care seekers in Greece.MethodTwo hundred and sixty-six individuals participated in this study, 90 (35.6%) males and 163 (64.4%) females, with a mean age of 47. Analysis of data was conducted with Anova, using the SPSS software.ResultsThe findings showed that reductions in social interactions, caused by the financial crisis, led to significant reductions in the subjective well-being of individuals as well (F(1.259) = 13.276, P < 0.001 for social activities and F(1,258) = 14.531, P < 0.001 for peer socialization). More specifically, individuals whose social interactions were greatly affected by the financial crisis reported significantly lower subjective well-being than individuals who reported a medium effect (M = −2.952, SD = .764, P < 0.001). Furthermore, individuals who reported that the economic crisis had a great effect on their peer socialization reported significantly lower subjective well-being compared to both those who reported a medium (M = −1.868, SD = .658, P < 0.015) or low (M = −2.77, SD = .809, P < 0.001) effect of the crisis.ConclusionThe results of this research showed that the financial crisis reduced the well-being of affected individuals through reductions in their social interactions. Further research is needed to investigate appropriate interventions to reduce the negative impact that the financial crisis has on the well-being of affected individuals.Disclosure of interestThe authors have not supplied their declaration of competing interest.

scholarly journals The missing left? Economic crisis and the programmatic response of social democratic parties in Europe

2018 ◽  
Vol 24 (1) ◽  
pp. 23-38 ◽  
Author(s):  
Björn Bremer
Keyword(s):  
Economic Crisis ◽  
Great Recession ◽  
Original Data ◽  
Party Competition ◽  
Data Set ◽  
Social Democratic ◽  
The Great Recession ◽  
Before And After ◽  
Democratic Parties ◽  
Social Democratic Parties

How have social democratic parties responded to the recent economic crisis? For many observers, the Great Recession and the prevalence of austerity in response to it have contributed to a crisis of social democracy in Europe. This article examines the programmatic response of social democratic parties to this crisis in 11 Western European countries. It uses an original data set that records the salience that parties attribute to different issues and the positions that they adopt with regard to these issues during electoral campaigns and compares the platforms of social democratic parties before and after 2008. For this purpose, the article disentangles economic issues into three different categories and shows that this is necessary in order to understand party competition during the Great Recession: while social democratic parties shifted to the left with regard to issues relating to welfare and economic liberalism, they largely accepted the need for budgetary rigour and austerity policies.

Sign in / Sign up

Export Citation Format

Share Document