Beliefs About the Role of Effort and Luck During the Great Recession in Spain

Begoña Cabeza and Koen Decancq

A chapter in What Drives Inequality?, 2019, vol. 27, pp 139-153 from Emerald Group Publishing Limited

Abstract: The authors explore the effect of the recent unemployment shock in Spain on people’s beliefs about the role of effort as a determinant of economic position. They use a series of Spanish public opinion surveys between 2010 and 2018, matched with regional-level unemployment data and find that people attribute a larger role to luck in provinces where the unemployment rate increased more during the economic recession. This finding persists after controlling for a series of demographic, socio-economic and ideological individual-level variables. In addition, the authors find that lower educated individuals, and those who position themselves as more left-wing have adjusted their beliefs more, while individuals who identify as conservative have adjusted their beliefs less.

Keywords: Beliefs; preferences for redistribution; Great recession; Spain; Belief in a just world; Unemployment; Drivers of inequality; D63; E60; D91 (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:eme:reinzz:s1049-258520190000027010

DOI: 10.1108/S1049-258520190000027010

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