Table 1 Key features of the financial crisis (FC) for the countries in the survey
| Â | Severity1 | Financial Crises | Gini index (World Bank Estimate) | Expenditure on social protection PPS in thousand euros | How satisfied with life as a whole | Unemployment | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
W-N | Δ GDP | Rec mnd | Start FC2 | Start 2nd FC | Pre FC | Post FC | Pre FC | Post FC | Pre FC | Post FC | Pre FC | Post FC | |
AT | 8713 | −1.7 | 21 | 20082 | 20113 | 29.9 | 30.5 | 8.4 | 10.7 | 7.6 | 7.3 | 0.025 | 0.037 |
BE | 12,575 | −2.1 | 21 | 20083 | 20122 | 29.1 | 28.2 | 7.5 | 9.1 | 7.4 | 7.4 | 0.037 | 0.037 |
BG | 8324 | −6.1 | 6 | 20091 | 0 | 34.7 | 35.4 | 1.4 | 2.1 | 4.6 | 4.6 | 0.079 | 0.103 |
CH | 12,333 | −1.6 | 9 | 20084 | 0 | 33.7 | 32.2 | 8.8 | 10.5 | 8.0 | 8.1 | 0.018 | 0.024 |
CY | 4409 | −1.8 | 54 | 20091 | 20113 | 31.4 | 32.9 | 4.4 | 5.2 | 7.3 | 7.0 | 0.017 | 0.071 |
CZ | 12,947 | −3.7 | 27 | 20084 | 20114 | 27.2 | 26.3 | 3.3 | 4.6 | 6.5 | 6.6 | 0.033 | 0.041 |
DE | 20,568 | −4.5 | 12 | 20082 | 0 | 31.9 | 30.7 | 7.8 | 9.4 | 6.9 | 7.3 | 0.066 | 0.039 |
DK | 10,836 | −2.4 | 24 | 20083 | 20113 | 27.2 | 29.0 | 8.3 | 10.4 | 8.5 | 8.4 | 0.030 | 0.036 |
EE | 11,391 | −9.2 | 21 | 20083 | 20132 | 34.7 | 32.8 | 1.9 | 3.0 | 6.1 | 6.3 | 0.023 | 0.035 |
ES | 13,544 | −1.6 | 48 | 20082 | 20112 | 34.1 | 35.4 | 4.5 | 5.8 | 7.1 | 7.2 | 0.041 | 0.086 |
FI | 14,275 | −6.8 | 30 | 20081 | 20122 | 27.9 | 27.5 | 6.7 | 8.8 | 8.0 | 8.0 | 0.030 | 0.033 |
FR | 13,004 | −1.7 | 21 | 20082 | 20124 | 30.9 | 33.2 | 8.0 | 9.6 | 6.4 | 6.4 | 0.041 | 0.052 |
GB | 16,778 | −2.3 | 15 | 20082 | 0 | 35.1 | 33.9 | 6.8 | 7.6 | 7.1 | 7.2 | 0.030 | 0.039 |
GR | 9759 | −4.8 | 72 | 20083 | 0 | 34.6 | 34.4 | 4.0 | 5.6 | 6.4 | 5.9 | 0.038 | 0.070 |
HU | 11,697 | −4.0 | 42 | 20082 | 20112 | 28.3 | 29.3 | 3.4 | 3.8 | 5.6 | 5.6 | 0.034 | 0.059 |
IE | 15,501 | −4.1 | 30 | 20081 | 0 | 33.1 | 32.4 | 5.5 | 7.1 | 7.6 | 6.9 | 0.027 | 0.095 |
IT | 3696 | −2.9 | 54 | 20082 | 20113 | 34.5 | 35.2 | 6.3 | 7.8 | 6.7 | 6.7 | 0.046 | 0.097 |
NL | 13,505 | −3.2 | 39 | 20082 | 20112 | 30.2 | 28.6 | 8.6 | 10.4 | 7.6 | 7.8 | 0.021 | 0.031 |
NO | 11,702 | −2.5 | 18 | 20091 | 20102 | 28.4 | 25.9 | 9.2 | 11.3 | 7.8 | 8.0 | 0.022 | 0.023 |
PL | 12,430 | −0.4 | 0 | 0 | 0 | 34.4 | 32.9 | 3.0 |  | 6.7 |  | 0.071 | 0.047 |
PT | 13,718 | −2.3 | 54 | 20081 | 20104 | 38.1 | 36.2 | 4.5 | 5.2 | 5.7 | 5.9 | 0.036 | 0.074 |
RU | 10,017 | −2.0 | 12 | 20083 | 0 | 41.5 | 41.3 |  |  | 5.2 | 5.6 | 0.016 | 0.028 |
SE | 13,161 | −3.7 | 15 | 20081 | 0 | 26.6 | 27.2 | 8.5 | 9.4 | 7.8 | 7.9 | 0.033 | 0.035 |
SI | 9609 | −4.4 | 42 | 20083 | 0 | 28.2 | 25.0 | 4.5 | 5.2 | 6.8 | 6.9 | 0.043 | 0.046 |
SK | 8931 | −9.1 | 0 | 0 | 0 | 28.3 | 26.8 | 3.1 |  | 6.3 |  | 0.072 | 0.054 |
UA | 9987 | −1.7 | 21 | 20082 | 20113 | 29.4 | 25.4 |  |  | 4.4 | 4.7 | 0.038 | 0.050 |