Each week, we select a recently published Open Access article to feature. This week’s article comes from Journal of the Royal Statistical Society Series A (Statistics in Society) and examines the effect of the Brexit referendum on well-being in the United Kingdom.
The article’s abstract is given below, with the full article available to read here.
Kavetsos, G., Kawachi, I., Kyriopoulos, I. and Vandoros, S. (2021), The effect of the Brexit referendum result on subjective well‐being. J R Stat Soc Series A. https://doi.org/10.1111/rssa.12676
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.