Well-Being Effects of Novel Coronavirus Pneumonia (Covid-19): Moderating Role of Age.

Aliyev, K. (2020). Well-being effects of novel coronavirus pneumonia (COVID-19): Moderating role of age. ASERC Journal of Socio-Economic Studies, 3(1), 1-11.

11 Pages Posted: 21 Sep 2020

See all articles by Khatai Aliyev

Khatai Aliyev

Azerbaijan State University of Economics (UNEC); Baku Engineering University

Date Written: 2020

Abstract

Outbreak of novel coronavirus pneumonia (COVID-19) is a big threat to social and economic life throughout the world. Increasing number of cases and death as well as social isolation measures against diffusion of the pandemic are predicted to lower subjective well-being of individuals. Using survey data integrated with daily COVID-19 outcomes, the research aims to identify well-being effects of pandemic among Azerbaijan population while considering moderating role of age. Empirical findings reveal significant negative well-being impact for youth which disappears in response to age increase. Meanwhile, the pandemic could have a larger well-being effect through economic effects like fall in perceived income adequacy. Public policy makers should consider direct and indirect well-being effects of COVID-19 over youth and people with lower perceived income adequacy.

Keywords: Well-being, life satisfaction, COVID-19, social isolation, age, perceived income adequacy

JEL Classification: I18, I31

Suggested Citation

Aliyev, Khatai, Well-Being Effects of Novel Coronavirus Pneumonia (Covid-19): Moderating Role of Age. (2020). Aliyev, K. (2020). Well-being effects of novel coronavirus pneumonia (COVID-19): Moderating role of age. ASERC Journal of Socio-Economic Studies, 3(1), 1-11. , Available at SSRN: https://ssrn.com/abstract=3695638

Khatai Aliyev (Contact Author)

Azerbaijan State University of Economics (UNEC) ( email )

Istiglaliyyat street 6
Baku, AZ Az1001
Azerbaijan

Baku Engineering University ( email )

Hasan Aliyev str. 120
Khirdalan, Baku AZ 0101
Azerbaijan

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
34
Abstract Views
296
PlumX Metrics