Reactions to macro-level shocks and re-examination of adaptation theory using Big Data.

ABSTRACT: Since 2020, the world has faced two unprecedented shocks: lockdowns (regulation) and the invasion of Ukraine (war). Although we realise the health and economic effects of these shocks, more research is needed on the effect on happiness and whether the type of shock plays a role. Therefore, in this paper, we determine whether these macro-level shocks affected happiness, how these effects differ, and how long it takes for happiness to adapt to previous levels. The latter will allow us to test whether adaptation theory holds at the macro level. We use a unique dataset of ten countries spanning the Northern and Southern hemispheres derived from tweets extracted in real-time per country. Applying Natural Language Processing, we obtain these tweets' underlying sentiment scores, after which we ca

SUBMITTER: Greyling T 

PROVIDER: S-EPMC10830054 | biostudies-literature | 2024

REPOSITORIES: biostudies-literature