eprintid: 1536204 rev_number: 40 eprint_status: archive userid: 608 dir: disk0/01/53/62/04 datestamp: 2017-01-19 14:31:35 lastmod: 2021-09-25 23:20:43 status_changed: 2017-03-09 17:08:53 type: article metadata_visibility: show creators_name: Schoon, I creators_name: Mortimer, J title: Youth and the Great Recession: Are values, achievement orientation and outlook to the future affected? ispublished: pub divisions: UCL divisions: B16 divisions: B14 divisions: J81 keywords: Great Recession; Young people; Values; Aspirations note: Copyright © 2016 International Union of Psychological Science. This is the peer reviewed version of the following article: [Schoon, I. and Mortimer, J. (2017), Youth and the Great Recession: Are values, achievement orientation and outlook to the future affected?. International Journal of Psych, 52: 1–8. doi: 10.1002/ijop.12400], which has been published in final form at http://dx.doi.org/10.1002/ijop.12400. This article may be used for non-commercial purposes in accordance with Wiley Terms and Conditions for Self-Archiving. abstract: This special section brings together leading experts in psychology and sociology to examine the consequences of the Great Recession for young people's values, achievement orientation, and outlook to the future. Evidence from Europe and the United States suggests that the impact of the recession varies for distinct outcomes and by age, the latter pointing to potential sensitive periods for interventions. Although the direct effects of the recession are not strong, they accelerate pre-existing trends towards more prolonged and precarious transitions to independence, and are likely to bring with them long-term scarring with respect to health and well-being. While feelings of self-confidence and self-worth have eroded, young people continue to subscribe to the "American Dream," the belief that in principle it is possible to make it - even if limitations to one's own capabilities are recognised. Trust in institutions has declined, but support and concern for others have increased, suggesting that in times of economic hardship and uncertainty social relationships become more salient. Young people's response to the recession appears to be less of a "me-first" reaction than "let's help each other": a form of "collective agency" to counter the inadequacy of social safety nets. date: 2017-02 date_type: published official_url: http://dx.doi.org/10.1002/ijop.12400 oa_status: green full_text_type: other language: eng primo: open primo_central: open_green article_type_text: Article verified: verified_manual elements_id: 1198961 doi: 10.1002/ijop.12400 lyricists_name: Schoon, Ingrid lyricists_id: ISCHO87 actors_name: Schoon, Ingrid actors_id: ISCHO87 actors_role: owner full_text_status: public publication: International Journal of Psychology volume: 52 number: 1 pagerange: 1-8 issn: 1464-066X citation: Schoon, I; Mortimer, J; (2017) Youth and the Great Recession: Are values, achievement orientation and outlook to the future affected? International Journal of Psychology , 52 (1) pp. 1-8. 10.1002/ijop.12400 <https://doi.org/10.1002/ijop.12400>. Green open access document_url: https://discovery.ucl.ac.uk/id/eprint/1536204/1/Schoon_Youth_Great_Recession.pdf