The effects of economic austerity on pro-sociality: Evidence from Greece
Document Type
Article
Source of Publication
European Union Politics
Publication Date
8-29-2022
Abstract
The European sovereign debt crisis resulted in policies of fiscal austerity and economic downturn in Greece, marked by a prolonged period of recession and high unemployment. This article explores the social impact of the economic crisis, focusing on its effects on altruism using new household-level survey data and quasi-behavioral outcomes. We focus on the effects of joblessness, the most severe form of economic hardship imposed as a result of the crisis. Our findings reveal a strong relationship between job loss in the household and decreased altruism. We provide experimental evidence of these effects and of in-group bias in charitable giving as a result of joblessness. Our results show that joblessness intensifies survey respondents’ preferences for national as opposed to foreign charities.
DOI Link
ISSN
Publisher
SAGE Publications
First Page
146511652211205
Last Page
146511652211205
Disciplines
Business
Keywords
Altruism, austerity, joblessness, solidarity
Recommended Citation
Sambanis, Nicholas; Nikolova, Elena; and Schultz, Anna, "The effects of economic austerity on pro-sociality: Evidence from Greece" (2022). All Works. 5339.
https://zuscholars.zu.ac.ae/works/5339
Indexed in Scopus
no
Open Access
yes
Open Access Type
Green: A manuscript of this publication is openly available in a repository