IDEAS home Printed from https://ideas.repec.org/p/osf/socarx/6sj2t_v1.html

Dancing in the Dark: Social Life and Life Satisfaction in Times of Economic Prosperity and Crisis

Author

Listed:
  • Fernandez-Urbano, Roger

Abstract

This article explores the relationship between individuals’ satisfaction with their social life and global life satisfaction during periods of economic prosperity and crisis, using data from the Panel of Social Inequalities in Catalonia, Spain (PaD 2001-2012). The study also investigates how this relationship varies across different social origins. Catalonia is a pertinent context due to its significant increase in inequality and unemployment during the 2008 Economic Crisis, positioning it among the most affected regions in Europe. The findings reveal that satisfaction with one’s social life matters for global life satisfaction, even after accounting for individual and macro characteristics. However, contrary to the initial expectations, the study demonstrates that satisfaction with one’s social life becomes less influential for global life satisfaction during the macroeconomic crisis, particularly among individuals from middle and low social origins. Furthermore, while a strong positive relationship exists between satisfaction with one’s social life and global life satisfaction during times of economic prosperity for all social groups, a robust negative relationship emerges in periods of macroeconomic crisis for individuals from high social origins. The article offers several potential explanations for these findings.

Suggested Citation

  • Fernandez-Urbano, Roger, 2024. "Dancing in the Dark: Social Life and Life Satisfaction in Times of Economic Prosperity and Crisis," SocArXiv 6sj2t_v1, Center for Open Science.
  • Handle: RePEc:osf:socarx:6sj2t_v1
    DOI: 10.31219/osf.io/6sj2t_v1
    as

    Download full text from publisher

    File URL: https://osf.io/download/67e3e47da34229c0e5bca624/
    Download Restriction: no

    File URL: https://libkey.io/10.31219/osf.io/6sj2t_v1?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Bartolini, Stefano & Bonatti, Luigi, 2008. "Endogenous growth, decline in social capital and expansion of market activities," Journal of Economic Behavior & Organization, Elsevier, vol. 67(3-4), pages 917-926, September.
    2. Karen Siedlecki & Timothy Salthouse & Shigehiro Oishi & Sheena Jeswani, 2014. "The Relationship Between Social Support and Subjective Well-Being Across Age," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 117(2), pages 561-576, June.
    3. Leonardo Becchetti & Elena Giachin Ricca & Alessandra Pelloni, 2012. "The Relationship Between Social Leisure and Life Satisfaction: Causality and Policy Implications," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 108(3), pages 453-490, September.
    4. Rainer Winkelmann, 2009. "Unemployment, Social Capital, and Subjective Well-Being," Journal of Happiness Studies, Springer, vol. 10(4), pages 421-430, August.
    5. Easterlin, Richard A., 1974. "Does Economic Growth Improve the Human Lot? Some Empirical Evidence," MPRA Paper 111773, University Library of Munich, Germany.
    6. Carola Hommerich & Tim Tiefenbach, 2018. "Analyzing the Relationship Between Social Capital and Subjective Well-Being: The Mediating Role of Social Affiliation," Journal of Happiness Studies, Springer, vol. 19(4), pages 1091-1114, April.
    7. Assar Lindbeck & Sten Nyberg & Jörgen W. Weibull, 1999. "Social Norms and Economic Incentives in the Welfare State," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 114(1), pages 1-35.
    8. Van Praag, Bernard M. S. & Ferrer-i-Carbonell, Ada, 2011. "Happiness Economics: A New Road to Measuring and Comparing Happiness," Foundations and Trends(R) in Microeconomics, now publishers, vol. 6(1), pages 1-97, April.
    9. Sarracino, Francesco, 2010. "Social capital and subjective well-being trends: Comparing 11 western European countries," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 39(4), pages 482-517, August.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Fernandez-Urbano, Roger, 2025. "Social Life and Subjective Well-being in Spain," SocArXiv tdm4c_v1, Center for Open Science.
    2. Dennis Raphael, 2026. "The Quality of Life Research Unit at the University of Toronto: Eulogy and the Rebirth of a Quality of Life Research and Practice Agenda," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 181(2), pages 1-14, January.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Roger Fernandez-Urbano, 2024. "Dancing in the Dark: Social Life and Life Satisfaction in Times of Economic Prosperity and Crisis," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 172(3), pages 831-857, April.
    2. Marcin Piekalkiewicz, 2016. "Money, Social Capital and Materialism. Evidence from Happiness Data," Department of Economics University of Siena 731, Department of Economics, University of Siena.
    3. Haiyang Lu & Peishan Tong & Rong Zhu, 2020. "Longitudinal Evidence on Social Trust and Happiness in China: Causal Effects and Mechanisms," Journal of Happiness Studies, Springer, vol. 21(5), pages 1841-1858, June.
    4. Francesco Sarracino & Małgorzata Mikucka, 2019. "Consume More, Work Longer, and Be Unhappy: Possible Social Roots of Economic Crisis?," Applied Research in Quality of Life, Springer;International Society for Quality-of-Life Studies, vol. 14(1), pages 59-84, March.
    5. Antje Mertens & Miriam Beblo, 2016. "Self-Reported Satisfaction and the Economic Crisis of 2007–2010: Or How People in the UK and Germany Perceive a Severe Cyclical Downturn," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 125(2), pages 537-565, January.
    6. Tri Wahyu Nugroho & Nuhfil Hanani & Hery Toiba & Sujarwo Sujarwo, 2022. "Promoting Subjective Well-Being among Rural and Urban Residents in Indonesia: Does Social Capital Matter?," Sustainability, MDPI, vol. 14(4), pages 1-16, February.
    7. Fernandez-Urbano, Roger, 2025. "Social Life and Subjective Well-being in Spain," SocArXiv tdm4c_v1, Center for Open Science.
    8. Stefano Bartolini & Francesco Sarracino, 2021. "Happier and Sustainable. Possibilities for a post-growth society," Department of Economics University of Siena 855, Department of Economics, University of Siena.
    9. Lars Kunze & Nicolai Suppa, 2014. "Bowling Alone or Bowling at All? The Effect of Unemployment on Social Participation," Ruhr Economic Papers 0510, Rheinisch-Westfälisches Institut für Wirtschaftsforschung, Ruhr-Universität Bochum, Universität Dortmund, Universität Duisburg-Essen.
    10. Stefano Bartolini & Francesco Sarracino, 2014. "It's not the economy, stupid! How social capital and GDP relate to happiness over time," Papers 1411.2138, arXiv.org.
    11. Chen, Fuzhong & Hsu, Chien-Lung & Lin, Arthur J. & Li, Haifeng, 2020. "Holding risky financial assets and subjective wellbeing: Empirical evidence from China," The North American Journal of Economics and Finance, Elsevier, vol. 54(C).
    12. Jun Zhang & Yuang He & Jing Zhang, 2022. "Energy Poverty and Depression in Rural China: Evidence from the Quantile Regression Approach," IJERPH, MDPI, vol. 19(2), pages 1-21, January.
    13. BARTOLINI Stefano & SARRACINO Francesco, 2011. "Happy for How Long? How Social Capital and GDP relate to Happiness over Time," LISER Working Paper Series 2011-60, Luxembourg Institute of Socio-Economic Research (LISER).
    14. Francesco Sarracino, 2014. "Richer in Money, Poorer in Relationships and Unhappy? Time Series Comparisons of Social Capital and Well-Being in Luxembourg," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 115(2), pages 561-622, January.
    15. Marta Portela & Isabel Neira & Maria del Salinas-Jiménez, 2013. "Social Capital and Subjective Wellbeing in Europe: A New Approach on Social Capital," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 114(2), pages 493-511, November.
    16. Zhihua Wu & Bing Liao & Qing Fu & Chongyi Qi & Wenmei Liao, 2025. "Agricultural Machinery Adoption and Farmers’ Well-Being: Evidence from Jiangxi Province," Agriculture, MDPI, vol. 15(7), pages 1-20, March.
    17. Lucía Gómez-Balcácer & Noelia Somarriba Arechavala & Patricia Gómez-Costilla, 2023. "The Importance of Different Forms of Social Capital for Happiness in Europe: A Multilevel Structural Equation Model (GSEM)," Applied Research in Quality of Life, Springer;International Society for Quality-of-Life Studies, vol. 18(1), pages 601-624, February.
    18. Fabio Sabatini & Francesco Sarracino, 2013. "Will Facebook save or destroy social capital? An empirical investigation into the effect of online interactions on trust and networks," Department of Economics University of Siena 692, Department of Economics, University of Siena.
    19. Nie, Peng & Li, Qiaoge & Sousa-Poza, Alfonso, 2021. "Energy poverty and subjective well-being in China: New evidence from the China Family Panel Studies," Energy Economics, Elsevier, vol. 103(C).
    20. Roger Fernandez-Urbano & Vicente Royuela, 2024. "How Locus of Control Predicts Subjective Well-Being and its Inequality: The Moderating Role of Social Values," Journal of Happiness Studies, Springer, vol. 25(8), pages 1-23, December.

    More about this item

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:osf:socarx:6sj2t_v1. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: OSF (email available below). General contact details of provider: https://arabixiv.org .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.