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

In: What Drives Inequality?

Author

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  • Begoña Cabeza
  • Koen Decancq

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.

Suggested Citation

  • Begoña Cabeza & Koen Decancq, 2019. "Beliefs About the Role of Effort and Luck During the Great Recession in Spain," Research on Economic Inequality, in: What Drives Inequality?, volume 27, pages 139-153, Emerald Group Publishing Limited.
    • Handle: RePEc:eme:reinzz:s1049-258520190000027010
    DOI: 10.1108/S1049-258520190000027010
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    Cited by:

    1. Begoña Cabeza; & Shaun Da Costa;, 2023. "Taxation for development: the impact of the Ebola epidemic on citizen support across Western Africa," Working Papers 2307, Herman Deleeck Centre for Social Policy, University of Antwerp.

    More about this item

    Keywords

    Beliefs; preferences for redistribution; Great recession; Spain; Belief in a just world; Unemployment; Drivers of inequality; D63; E60; D91;
    All these keywords.

    JEL classification:

    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
    • E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General
    • D91 - Microeconomics - - Micro-Based Behavioral Economics - - - Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making

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