The Great Recession and Social Preferences: Evidence from Ukraine

Ralph de Haas, Milena Djourelova, Elena Nikolova

Research output: Working paperDiscussion paperOther research output

327 Downloads (Pure)

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.
Original languageEnglish
Place of PublicationTilburg
PublisherCentER
Number of pages46
Volume2015-046
Publication statusPublished - 28 Sep 2015

Publication series

NameCentER Discussion Paper
Volume2015-046

    Fingerprint

Keywords

  • financial crisis
  • socail preferences
  • Ukraine

Cite this

de Haas, R., Djourelova, M., & Nikolova, E. (2015). The Great Recession and Social Preferences: Evidence from Ukraine. (CentER Discussion Paper; Vol. 2015-046). Tilburg: CentER.