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The Great Recession and social preferences: Evidence from Ukraine

De Haas, R; Djourelova, M; Nikolova, E; (2016) The Great Recession and social preferences: Evidence from Ukraine. Journal of Comparative Economics , 44 (1) pp. 92-107. 10.1016/j.jce.2015.10.007. Green open access

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Abstract

We use detailed survey data to document stark differences between West and East Ukraine when it comes to household attitudes toward market-based economies and democratic institutions. Along both of these dimensions, Eastern Ukrainians are decidedly less supportive of liberal systems. We also find that economic attitudes changed in response to the global financial crisis. West Ukrainian households who were affected more extensively by the crisis were more disappointed with the market and private ownership, while in Eastern Ukraine economic attitudes became less pro-market across the board. Our evidence suggests that attitudes and values are determined by both deep-rooted factors and more transient macroeconomic shocks.

Type: Article
Title: The Great Recession and social preferences: Evidence from Ukraine
Open access status: An open access version is available from UCL Discovery
DOI: 10.1016/j.jce.2015.10.007
Publisher version: https://doi.org/10.1016/j.jce.2015.10.007
Language: English
Additional information: This version is the author accepted manuscript. For information on re-use, please refer to the publisher’s terms and conditions.
Keywords: Ukraine; Social preferences; Great recession; Life in Transition Survey
UCL classification: UCL
UCL > Provost and Vice Provost Offices
UCL > Provost and Vice Provost Offices > UCL SLASH
UCL > Provost and Vice Provost Offices > UCL SLASH > SSEES
URI: https://discovery.ucl.ac.uk/id/eprint/1573637
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