Measuring the impact of financial crisis on quality of life in Europe

Improving and monitoring Quality of Life is becoming one of the most important goals of European Union policies. However, its measurement is complex and multi-faceted, as an individual’s current and future state of wellbeing depends upon a great number of variables. Moreover, there is no doubt that crisis impacted differentially in European countries. Against this background, the aim of this article is to provide a better understanding of the changes in quality of life in European countries and the role of receiving contexts in influencing these outcomes. In order to achieve it, the paper proposes a multidimensional and fuzzy approach to measure Quality of Life and investigate the evolution of different dimensions of quality life over time by use a propensity score method for isolating the effect of crisis from the net change.