We study the sources of misery (lowest level life satisfaction) using European Quality Life 2016, a cross-sectional survey for 28 Union countries. use decomposition misery, multivariate analysis and structural equation model to assess which are main explain misery: risk depression (mental health), unemployment, poverty or chronic health problems (physical health). Regardless methodological appr...

This paper constructs internationally consistent measures of macroeconomic uncertainty. Our econometric framework extracts uncertainty from revisions in data obtained standardized national accounts. Applying our model to post-WWII real-time data, we estimate for 39 countries. The cross-country dimension allows us study the impact shocks under varying degrees employment protection legislation. e...