Visiting a psychiatrist or psychologist as a consequence of the economic crisis : analysis of a sample survey between university students in Greece
Part of : Αρχείον οικονομικής ιστορίας ; Vol.XXV, No.2, 2013, pages 17-37
Issue:
Pages:
17-37
Author:
Abstract:
In this paper, we show the striking consequences of the Economic Crisis in Greece on the University students and, generally, the young people. The results of a sample survey among 1350 students of the Universities and Technological Institutions of Athens are analyzed. An Exploratory Factor Analysis reveals four main factors of effects of the economic crisis and the existing corruption levels in Greece, on the respondents: (a) Loss of confidence on the Greek institutions of political representation, political system, system of Justice, Educational system, Health system and Security system. (b) Psychosocial characteristics, lack of goals, a prevailing sense of abandonment, widespread pessimism, negative belief, a nihilistic approach to everyday reality and lack of self-confidence, negative influence of the economic crisis on the results of exams. (c) Substantial reduction in the living expenses, especially in the expenses for food, for clothing, housing and entertainment. (d) Definite immigration plans by the young educated Greeks and desire for postgraduate studies and settlement abroad. The coefficients Cronbach alpha for the four factors a, b, c, d, are: (0,88), (0,72), (0,68) and (0,42), correspondingly. A Logistic Regression reveals the following statistically significant predictors of lack of academic progress as a result of economic crisis: negative psychological attitudes of students, loss of confidence to government institutions, intolerable living expenses and strong desire for immigration as a result of the bad economic conditions. Also, a second Logistic Regression reveals the following statistically significant predictors of visiting a psychologist or a psychiatrist as a result of the economic crisis: lack of job security, sense of abandonment, high feelings of pessimism, sense that nothing has a degree of importance any more since there are no social values and strong desire to emigrate as a result of the bad economic conditions
Subject:
Subject (LC):
Keywords:
Greek Debt Crisis, Sample Survey, University Students, Logistic Regression
Notes:
JEL Classification: F31, F33, F34, F41, F42, F50
References (1):
- Arghyrou, M. and Tsoukalas, J. D. (2011). “The Greek Debt Crisis: Likely Causes, Mechanics and Outcomes”, The World Economy, Blackwell Publishing, 34(2), 173-191.‘Boston Globe’, Newspaper, Article on the Greek Debt Crisis, 17 June, 2011.De Grauwe, P. and Moesen, W. (2009). “Gains for All: A Proposal for a Common Euro Bond”, Intereconomics, May/June. http://www.econ.kuleuven.be/ew/academic/intecon/Degrauwe/PDG-papers/Discussion_papers/EuroIntelligence-March-2010.pdfDe Grauwe, P. (2010). “The Greek crisis and the future of the Eurozone”, Intereconomics. www.econ.kuleuven.be/ew/academic/intecon/Degrauwe/PDG-papers/EL.STAT., Greek Statistical Service, Monthly Bulletins, October 2009 - May 2011.Fraile, L.( 2009). “Lessons from Latin America’s neo-liberal experiment: An overview of labour and social policies since the 1980s”, International Labour Review, 148, (3), pp. 215-233.Frangos, Ch. C., Fragkos, Con. C. and Kivotos, D. (2011). “Income Inequality in Greece” Proceedings of the International Conference for International Business (ICIB) 2011, 17-19 May, University of Macedonia, Thessaloniki, Greece.Frangos, Ch. C., Hyz, A. and Fragkos, Con. C. (2012) “On the Greek Economic Crisis of 2009-2012”, Acta Universitatis Lodziensis. Folia Oeconomica, (273), pp. 99-115.Frangos, Ch. C. and Schucany, W.R.(1995). “Improved Bootstrap Confidence Intervals in Certain Toxicological Experiments”. Communications in Statistics, Theory and Methods, 24(3), pp. 829-844.Gross, D. and Mayer, O. (2010). “Towards a European Monetary Fund”, CEPS Policy Brief, No.202, Centre for European Policy Studies, Brussels.International Institute for Labour Studies (IILS). (2010a). “World of Work Report 2009: The Global Jobs Crisis and Beyond.”, Geneva, ILO/IILS.International Institute for Labour Studies (IILS). (2010b). “World of Work Report 2010: From one crisis to the next?” Geneva, ILO/IILS.Kouretas, G.P. and Vlamis, P. (2010).”The Greek Crisis : Causes and implications.” Panoeconomicous, 57(4), 391-404.Pallant, J. (2007). SPSS, Survival Manual, Third Edition, McGraw-Hill Publishing. Papadakis, K. (2010a). “Restructuring enterprises through social dialogue: Socially responsible practices in times of crisis”, International Labour Organization (ILO), Geneva, Working Paper No. 19.Papadakis, K. (2010b). “The EU-IMF-ECB structural adjustment programme in Greece and its impact on industrial and employment relations: A preliminary overview and assessment”, Working Paper, (Geneva, ILO).Patras, E. (2010). “The impact of the financial crisis in Greece on IR/HRM”, IIRA Regional Conference, Copenhagen, 9 July, 2010.Rychly, L. (2009). “Social dialogue in times of crisis: Finding better solutions, ” Working Paper No.1 (Geneva, ILO).Stiglitz, J. (2002). Globalization and its discontents, New York, Norton and Company, Inc.Supiot, A. (2010). “A legal perspective on the economic crisis of 2008”, International Labour Review, 149(2), pp. 151-162.Torres, R. (2010). “Incomplete crisis responses: Socio-economic costs and policy Implications”, International Labour Review, Vol. 149, No. 2, pp. 1-13.
