| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP7413 |
| DP7413 Contractual Execution, Strategic Incompleteness and Venture Capital | |
| Roberta Dessi | |
| 发表日期 | 2009-08-16 |
| 出版年 | 2009 |
| 语种 | 英语 |
| 摘要 | Do generations growing up during recessions have different socio-economic beliefs than generations growing up in good times? We study the relationship between recessions and beliefs by matching macroeconomic shocks during early adulthood with self-reported answers from the General Social Survey. Using time and regional variations in macroeconomic conditions to identify the effect of recessions on beliefs, we show that individuals growing up during recessions tend to believe that success in life depends more on luck than on effort, support more government redistribution, but are less confident in public institutions. Moreover, we find that recessions have a long-lasting effect on individuals? beliefs. |
| 主题 | International Macroeconomics ; International Trade and Regional Economics ; Labour Economics |
| 关键词 | Belief formation Macroeconomic shocks Recession Role of the governement |
| URL | https://cepr.org/publications/dp7413 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/536250 |
| 推荐引用方式 GB/T 7714 | Roberta Dessi. DP7413 Contractual Execution, Strategic Incompleteness and Venture Capital. 2009. |
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