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COVID-19 policy responses and subjective well-being

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  • Opoku Adabor

Abstract

COVID-19 led to the implementation of containment measures including social distancing and lockdowns which negatively impacted people’s mental and psychological well-being. To weaken the adverse outcomes associated with these containment measures, governments worldwide implemented several policies to provide financial, and non-financial assistance to people. In Australia, the government implemented COVID-19 support payments to provide financial relief to its citizens. In this study, we examine the impact of five different COVID-19 support payments on the subjective well-being of Australians. We do this for the general population, and across key groups by using econometric strategies while measuring subjective well-being with overall life satisfaction. Our results show that the five different COVID-19 support payments are associated with an increase in the wellbeing of Australians. This effect is larger for males, individuals over 40, and those without bachelor’s degrees.

Suggested Citation

  • Opoku Adabor, 2024. "COVID-19 policy responses and subjective well-being," International Review of Applied Economics, Taylor & Francis Journals, vol. 38(3), pages 318-336, May.
    • Handle: RePEc:taf:irapec:v:38:y:2024:i:3:p:318-336
    DOI: 10.1080/02692171.2024.2316905
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