@TechReport{iza:izadps:dp13702,
            	author={Cheng, Terence Chai and Kim, Seonghoon and Koh, Kanghyock},
            	title={The Impact of COVID-19 on Subjective Well-Being: Evidence from Singapore},
            	year={2020},
	month={Sep},
            	institution={Institute of Labor Economics (IZA)},
            	address={Bonn},
            	type={IZA Discussion Paper},
            	number={13702},
            	url={https://www.iza.org/publications/dp13702},
	abstract={We provide novel evidence on how the COVID-19 global health and economic crisis is affecting overall life satisfaction and domain-specific satisfaction using data from a monthly longitudinal survey of middle-aged and older Singaporeans. Using a difference-in-differences framework, we document large declines in overall life satisfaction and domain-specific satisfaction during the COVID-19 outbreak, except satisfaction with health. These declines coincide with the introduction of a nationwide lockdown, with life satisfaction remaining below its pre-pandemic levels even after the lockdown is lifted. We also find that individuals who report a drop in household income during the COVID-19 outbreak experience a decline in overall life satisfaction almost twice as large as those who do not report any income loss.},
	keywords={individual-level monthly panel data;subjective well-being;life satisfaction;pandemic;COVID-19;difference-in-differences},
            }