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The Great Recession and social preferences: Evidence from Ukraine

Ralph De Haas, Milena Djourelova and Elena Nikolova

Journal of Comparative Economics, 2016, vol. 44, issue 1, 92-107

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.

Keywords: Ukraine; Social preferences; Great recession; Life in Transition Survey (search for similar items in EconPapers)
JEL-codes: F36 F61 P2 P34 P52 (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (8)

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Working Paper: The Great Recession and Social Preferences: Evidence from Ukraine (2015) Downloads
Working Paper: The Great Recession and Social Preferences: Evidence from Ukraine (2015) Downloads
Working Paper: The Great Recession and Social Preferences: Evidence from Ukraine (2015) Downloads
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Persistent link: https://EconPapers.repec.org/RePEc:eee:jcecon:v:44:y:2016:i:1:p:92-107

DOI: 10.1016/j.jce.2015.10.007

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