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dc.rights.licenseopenen_US
hal.structure.identifierBordeaux Sciences Economiques [BSE]
dc.contributor.authorEL HERRADI, El Mehdi
hal.structure.identifierUniversité de Bordeaux [UB]
hal.structure.identifierBordeaux Sciences Economiques [BSE]
dc.contributor.authorLEROY, Aurelien
IDREF: 197655467
dc.date.accessioned2022-09-12T13:27:55Z
dc.date.available2022-09-12T13:27:55Z
dc.identifier.urihttps://oskar-bordeaux.fr/handle/20.500.12278/142304
dc.description.abstractEnThis paper assesses whether monetary policy announcements have an impact on households’ (subjective) well-being by analysing life satisfaction on the days before and after monetary surprises in Germany. To do so, we use individual-level information on life satisfaction from the German Socio-Economic Panel (SOEP) survey and identify the day on which each answer is submitted to the survey. We also exploit the Euro Area Monetary Policy event study Database (EA-MPD) to obtain daily-level information on European Central Bank (ECB) monetary surprises. Our results show that life satisfaction is significantly affected by monetary policy surprises: tightening surprises decrease life satisfaction, while easing surprises increase it.
dc.language.isoENen_US
dc.rightsAttribution 3.0 United States*
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/us/*
dc.subject.enMonetary policy
dc.subject.enSubjective Well-Being
dc.subject.enSurvey data
dc.subject.enEuropean Central Bank
dc.title.enNavigating the well-being effects of monetary policy:Evidence from the European Central Bank
dc.typeDocument de travail - Pré-publicationen_US
dc.subject.halSciences de l'Homme et Société/Economies et finances
dc.subject.jelE - Macroeconomics and Monetary Economics::E5 - Monetary Policy, Central Banking, and the Supply of Money and Credit::E52 - Monetary Policyen_US
dc.subject.jelE - Macroeconomics and Monetary Economics::E5 - Monetary Policy, Central Banking, and the Supply of Money and Credit::E58 - Central Banks and Their Policiesen_US
dc.subject.jelI - Health, Education, and Welfare::I3 - Welfare, Well-Being, and Poverty::I31 - General Welfare, Well-Beingen_US
bordeaux.hal.laboratoriesBordeaux Sciences Economiques / Bordeaux School of Economics -BSE) - UMR 6060en_US
bordeaux.institutionUniversité de Bordeauxen_US
bordeaux.institutionCNRSen_US
hal.identifierhal-03897994
hal.version1
hal.date.transferred2022-12-14T10:05:52Z
hal.exporttrue
dc.rights.ccCC BYen_US
bordeaux.COinSctx_ver=Z39.88-2004&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.au=EL%20HERRADI,%20El%20Mehdi&LEROY,%20Aurelien&rft.genre=preprint


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