The effect of the Brexit referendum result on subjective well‐being

Ichiro Kawachi, Georgios Kavetsos, Ilias Kyriopoulos, Sotiris Vandoros

Research output: Contribution to journalArticlepeer-review

16 Citations (Scopus)

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.
Original languageEnglish
Pages (from-to)707-731
Number of pages25
JournalJournal of the Royal Statistical Society. Series A: Statistics in Society
Volume184
Issue number2
DOIs
Publication statusPublished - Apr 2021

Keywords

  • Brexit
  • election
  • happiness
  • referendum
  • subjective well-being

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