Carol Graham , Soumya Chattopadhyay , and Mario Picon Adapting to Adversity : Happiness and the 2009 Economic Crisis in the united States

نویسندگان

  • Carol Graham
  • Soumya Chattopadhyay
چکیده

social research Vol 77 : No 2 : Summer 2010 715 a wide body of research in the field of happiness economics shows that individuals adapt to both prosperity and to adversity and return to their natural levels of happiness.1 There is also evidence that people are better able to adapt to unpleasant certainty than they are to uncertainty.2 In this paper we used novel methods and data to further explore these questions through an assessment of the effects of the deep economic crisis of 2008 and 2009 on well-being in the United States. The 2008–2009 global economic crisis affected the welfare of billions of individuals worldwide. Yet we know much less about the nature of those effects: how to accurately measure them, how wide and deep were their reach across income and nonincome domains, and how long they last. While we can measure the effects in terms of lost production or in the value of home foreclosures, it is much more difficult to quantify the effects on the well-being of individuals.3 In this paper we take advantage of a new

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تاریخ انتشار 2010