From One Recession to Another: Longitudinal Impacts on the Quality of Life of Vulnerable Groups View Full Text


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Article Info

DATE

2019-04

AUTHORS

Jehane Simona-Moussa, Laura Ravazzini

ABSTRACT

At the beginning of the 2000s, Switzerland went through two global recessions: the Dot-com crisis and the Great Recession. Even though Switzerland experienced milder effects compared to its European neighbours, the Swiss unemployment rate increased considerably compared to its status quo. This paper explores the resilience of vulnerable groups to these economic downturns using both objective (income poverty and material deprivation) and subjective (wellbeing and satisfaction with the financial situation) indicators of quality of life. To analyse how quality of life evolved since the early 2000s, we use a longitudinal database: the Swiss Household Panel. Studying both objective and subjective indicators, results suggest that the dot-com crisis had a stronger negative effect than the Great Recession on vulnerable groups. This was particularly true for single parents and large families. Disadvantaged groups during the first crisis reacted in different ways during the second crisis. Some groups (the unemployed, the low-educated and the solo self-employed) experienced some scarring effects sometimes only according to objective indicators; others were resilient and continued with their normal trends (migrants and the young), whereas the most strongly affected groups during the first crisis (single parents and large families) registered an improvement in their conditions in the second crisis. These results point to a combination of subjective and objective indicators to evaluate the effects of recurrent crises on vulnerable groups. More... »

PAGES

1-24

References to SciGraph publications

  • 2013-10. The Impact of Adaptive Preferences on Subjective Indicators: An Analysis of Poverty Indicators in SOCIAL INDICATORS RESEARCH
  • 2005. Relative Deprivation and Well-being: Switzerland in a Comparative Perspective in CONTEMPORARY SWITZERLAND
  • 2014-12. Transitions In and Out of Unemployment among Young People in the Irish Recession in COMPARATIVE ECONOMIC STUDIES
  • 2014-02. Do Economic Reforms Alleviate Subjective Well-Being Losses of Economic Crises? in JOURNAL OF HAPPINESS STUDIES
  • 2016-03. A Poisson-Based Framework for Setting Poverty Thresholds Using Indicator Lists in SOCIAL INDICATORS RESEARCH
  • 2015-01. Income, Unemployment, Higher Education and Wellbeing in Times of Economic Crisis: Evidence from Granada (Spain) in SOCIAL INDICATORS RESEARCH
  • 2015. From Dissonance to Well-Being and Adaption? Quality of Life in Switzerland Over the Past Decades in GLOBAL HANDBOOK OF QUALITY OF LIFE
  • 2015-01. The Economic Crisis and its Effects on the Quality of Life in the European Union in SOCIAL INDICATORS RESEARCH
  • 2012-07. Resilience and Well-being Among Urban Ethiopian Children: What Role Do Social Resources and Competencies Play? in SOCIAL INDICATORS RESEARCH
  • 2014-02. Social Capital and Well-Being in Times of Crisis in JOURNAL OF HAPPINESS STUDIES
  • 2014-02. A Demonstration of Set-Points for Subjective Wellbeing in JOURNAL OF HAPPINESS STUDIES
  • 2016-05. Perceptions of the Economic Crisis in Europe: Do Adults in Households with Children Feel a Greater Impact? in SOCIAL INDICATORS RESEARCH
  • 2013-02. The Impact of Economic Crisis on Happiness in SOCIAL INDICATORS RESEARCH
  • 2014-02. Personal Resilience in Times of Crisis: The Implications of SWB Homeostasis and Set-Points in JOURNAL OF HAPPINESS STUDIES
  • 2011-09-24. Poverty and Unemployment: The Cases of Italy and Spain in SOCIAL EXCLUSION
  • 2016-03. Economic Stress and the Great Recession in Ireland: Polarization, Individualization or ‘Middle Class Squeeze’? in SOCIAL INDICATORS RESEARCH
  • 2016-01. Self-Reported Satisfaction and the Economic Crisis of 2007–2010: Or How People in the UK and Germany Perceive a Severe Cyclical Downturn in SOCIAL INDICATORS RESEARCH
  • Journal

    TITLE

    Social Indicators Research

    ISSUE

    3

    VOLUME

    142

    Author Affiliations

    Identifiers

    URI

    http://scigraph.springernature.com/pub.10.1007/s11205-018-1957-5

    DOI

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