Economic Shocks and Subjective Well-Being : Evidence from a Quasi-Experiment

Economic Shocks and Subjective Well-Being : Evidence from a Quasi-Experiment

This article examines how economic shocks affect individual well-being in developing countries. Using the case of a sudden and unanticipated currency devaluation in Botswana as a quasi-experiment, the article examines how this monetary shock affects individuals' evaluations of well-being. This...

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Bibliographic Details
Main Authors: Hariri, Jacob Gerner, Bjørnskov, Christian, Justesen, Mogens K.
Format: Working Paper
Language:en_US
Published: World Bank Group, Washington, DC 2015
Subjects:
subjective well-being
economic shocks
currency devaluation
quasi-experiment
Online Access:http://hdl.handle.net/10986/21648

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