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This study examines the impact of financial crises on human development over a panel of 113 countries for the years 1980-2017. Special attention is given to the effects of different types of financial crises on overall human development and its components: health, education, and income. Relying...
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The life satisfaction literature has boomed in the last decades since economists have access to more accurate databases … between financial crises and life satisfaction, due to the difficulty of collecting aggregate information at high frequency …
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report lower levels of life satisfaction in times of higher uncertainty approximated by stock market volatility. This effect … financial crisis increases the probability of reporting low values of life satisfaction. …
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