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

Kavetsos, Georgios, Kawachi, Ichiro, Kyriopoulos, Ilias and Vandoros, Sotiris (2021) The effect of the Brexit referendum result on subjective well-being*. Journal of the Royal Statistical Society. Series A: Statistics in Society, 184 (2). 707 - 731. ISSN 0964-1998

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Identification Number: 10.1111/rssa.12676

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.

Item Type: Article
Official URL: https://rss.onlinelibrary.wiley.com/journal/146798...
Additional Information: © 2021 The Authors
Divisions: Health Policy
Subjects: J Political Science > JN Political institutions (Europe) > JN101 Great Britain
J Political Science > JZ International relations
B Philosophy. Psychology. Religion > BF Psychology
JEL classification: D - Microeconomics > D7 - Analysis of Collective Decision-Making > D72 - Economic Models of Political Processes: Rent-Seeking, Elections, Legislatures, and Voting Behavior
I - Health, Education, and Welfare > I3 - Welfare and Poverty > I30 - General
I - Health, Education, and Welfare > I3 - Welfare and Poverty > I31 - General Welfare; Basic Needs; Living Standards; Quality of Life; Happiness
I - Health, Education, and Welfare > I3 - Welfare and Poverty > I38 - Government Policy; Provision and Effects of Welfare Programs
Date Deposited: 20 May 2021 16:48
Last Modified: 20 Aug 2021 01:11
URI: http://eprints.lse.ac.uk/id/eprint/110517

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