Life Satisfaction and Socio-Economic Vulnerability: Evidence from the Basic Income Experiment in Barcelona

This work focuses on the implications of introducing a variation of a Basic Income for individuals in grim socio-economic conditions in Barcelona (Spain). We explore the happiness and socio-psychological imprint of living in material deprivation in a metropolitan city. Surveying people who joined th...

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Detalles Bibliográficos
Autores: Sekulova, Filka, Bonilla, Fabricio, Laín Escandell, Bru
Tipo de recurso: artículo
Estado:Versión aceptada para publicación
Fecha de publicación:2023
País:España
Institución:Varias* (Consorci de Biblioteques Universitáries de Catalunya, Centre de Serveis Científics i Acadèmics de Catalunya)
Repositorio:Recercat. Dipósit de la Recerca de Catalunya
OAI Identifier:oai:recercat.cat:2445/213001
Acceso en línea:https://hdl.handle.net/2445/213001
Access Level:acceso abierto
Palabra clave:Satisfacció
Vulnerabilitat (Dret)
Sociologia de l'economia
Renda bàsica
Satisfaction
Vulnerability (Law)
Sociology of economics
Guaranteed annual income
Descripción
Sumario:This work focuses on the implications of introducing a variation of a Basic Income for individuals in grim socio-economic conditions in Barcelona (Spain). We explore the happiness and socio-psychological imprint of living in material deprivation in a metropolitan city. Surveying people who joined the two-year Municipal Inclusion Support (MIS) scheme launched by the Municipality of Barcelona, we first identify the major constructs that contribute to recipients’ subjective well-being, paying particular attention to the sense of socio-economic vulnerability. Secondly, we explore the way beneficiaries’ subjective well-being changed over the project duration. Overall, the introduction of the MIS has had a positive effect on the subjective wellbeing of its recipients over the program duration. We also find that the profound and lasting effect of material and food deprivation, and the continuous stress these entail, explain changes in subjective well-being better than the actual income level. Notably, the creation and presence of networks for mutual support emerges as a pillar for human well-being in contexts of socio-economic vulnerability. This result stood out for women, who were majority group among the basic income recipients, pointing at high level of female economic vulnerability.