Pub Date : 2023-04-10DOI: 10.1080/00128775.2023.2198513
Illiashenko Pavlo, Mykhailyshyna Dariia
ABSTRACT This paper uses the case of Ukraine to explore the association between attitudes and saving behavior. We hypothesize that individuals’ preferences and beliefs, which we proxy with support for left-wing populist economic policies, have an adverse effect on strategic, forward-looking behavior. Using the data from a nationally representative survey conducted in 2019, we find that support for populist economic policies has a negative association with a likelihood to have bank savings. The results hold in the presence of socio-economic and behavioral factors and when we remove the variation attributed to the cultural and socio-economic factors from our measure of economic populism.
{"title":"Left-wing Economic Populism and Savings: How Do Attitudes Influence Forward-Looking Financial Behavior?","authors":"Illiashenko Pavlo, Mykhailyshyna Dariia","doi":"10.1080/00128775.2023.2198513","DOIUrl":"https://doi.org/10.1080/00128775.2023.2198513","url":null,"abstract":"ABSTRACT This paper uses the case of Ukraine to explore the association between attitudes and saving behavior. We hypothesize that individuals’ preferences and beliefs, which we proxy with support for left-wing populist economic policies, have an adverse effect on strategic, forward-looking behavior. Using the data from a nationally representative survey conducted in 2019, we find that support for populist economic policies has a negative association with a likelihood to have bank savings. The results hold in the presence of socio-economic and behavioral factors and when we remove the variation attributed to the cultural and socio-economic factors from our measure of economic populism.","PeriodicalId":45883,"journal":{"name":"Eastern European Economics","volume":"61 1","pages":"238 - 269"},"PeriodicalIF":1.1,"publicationDate":"2023-04-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41348071","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-04-02DOI: 10.1080/00128775.2023.2195833
A. Libman, O. Popova
ABSTRACT The paper looks at the persistence of egalitarian norms in post-Communist societies by focusing on the former members of the Communist parties in Central and Eastern Europe (CEE) and Russia and their children. Using individual-level survey data, we distinguish between Russia and the CEE countries in this respect. While in the CEE there is some evidence that both former members of the Communist parties and their children have stronger preferences for redistribution than the rest of the population (the results for the children are more significant), in Russia, only children of Communists (but not Communists themselves) support redistribution.
{"title":"Children of Communism: Former Party Membership and the Demand for Redistribution","authors":"A. Libman, O. Popova","doi":"10.1080/00128775.2023.2195833","DOIUrl":"https://doi.org/10.1080/00128775.2023.2195833","url":null,"abstract":"ABSTRACT The paper looks at the persistence of egalitarian norms in post-Communist societies by focusing on the former members of the Communist parties in Central and Eastern Europe (CEE) and Russia and their children. Using individual-level survey data, we distinguish between Russia and the CEE countries in this respect. While in the CEE there is some evidence that both former members of the Communist parties and their children have stronger preferences for redistribution than the rest of the population (the results for the children are more significant), in Russia, only children of Communists (but not Communists themselves) support redistribution.","PeriodicalId":45883,"journal":{"name":"Eastern European Economics","volume":"61 1","pages":"199 - 237"},"PeriodicalIF":1.1,"publicationDate":"2023-04-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42051876","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-03-17DOI: 10.1080/00128775.2023.2191857
M. Wroński
{"title":"Intergenerational Educational Mobility in Poland in the Long Run: Education as a Positional Good","authors":"M. Wroński","doi":"10.1080/00128775.2023.2191857","DOIUrl":"https://doi.org/10.1080/00128775.2023.2191857","url":null,"abstract":"","PeriodicalId":45883,"journal":{"name":"Eastern European Economics","volume":" ","pages":""},"PeriodicalIF":1.1,"publicationDate":"2023-03-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48131929","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-03-01DOI: 10.1080/00128775.2023.2178460
M. Kośny, Radosław Kurach, Paweł Kuśmierczyk
{"title":"In state we trust: Evidence from Poland on why we undersave for retirement","authors":"M. Kośny, Radosław Kurach, Paweł Kuśmierczyk","doi":"10.1080/00128775.2023.2178460","DOIUrl":"https://doi.org/10.1080/00128775.2023.2178460","url":null,"abstract":"","PeriodicalId":45883,"journal":{"name":"Eastern European Economics","volume":" ","pages":""},"PeriodicalIF":1.1,"publicationDate":"2023-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47679683","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-02-24DOI: 10.1080/00128775.2023.2178936
Slavka Zeković, Ana Perić
{"title":"Regional Industrial Policy in the Western Balkans: Neither Specialization nor Spatialization?","authors":"Slavka Zeković, Ana Perić","doi":"10.1080/00128775.2023.2178936","DOIUrl":"https://doi.org/10.1080/00128775.2023.2178936","url":null,"abstract":"","PeriodicalId":45883,"journal":{"name":"Eastern European Economics","volume":" ","pages":""},"PeriodicalIF":1.1,"publicationDate":"2023-02-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48066135","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-02-20DOI: 10.1080/00128775.2023.2176321
Dmytro Osiichuk, Paweł Mielcarz
{"title":"Debt-Fueled Acquisitions by Non-Financial Firms Employing Bank-Associated Officers in Poland","authors":"Dmytro Osiichuk, Paweł Mielcarz","doi":"10.1080/00128775.2023.2176321","DOIUrl":"https://doi.org/10.1080/00128775.2023.2176321","url":null,"abstract":"","PeriodicalId":45883,"journal":{"name":"Eastern European Economics","volume":" ","pages":""},"PeriodicalIF":1.1,"publicationDate":"2023-02-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44919804","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-02-13DOI: 10.1080/00128775.2023.2173234
Emre Bulut, Cumali Marangoz, M. Daştan
ABSTRACT Despite a broad consensus on the response of US stock market volatility to the coronavirus outbreak, our micro-level understanding of its variation across industries still needs to be improved. This study contributes to the existing literature by providing an industry-level analysis of the COVID-19 pandemic with two different states. Evidence from the MS-CAPM model indicates the role of portfolio diversification. Specifically, the results reveal that some industries, such as materials, real estate, communication, and utilities, have much higher expected returns. On the other hand, other sectors, including consumer discretionary, industrials, and information technology, become less volatile than the market during the lockdown period.
{"title":"Market Reactions to COVID-19: Does Systemic Risk Vary Across Industries? A Markov-Switching CAPM Approach","authors":"Emre Bulut, Cumali Marangoz, M. Daştan","doi":"10.1080/00128775.2023.2173234","DOIUrl":"https://doi.org/10.1080/00128775.2023.2173234","url":null,"abstract":"ABSTRACT Despite a broad consensus on the response of US stock market volatility to the coronavirus outbreak, our micro-level understanding of its variation across industries still needs to be improved. This study contributes to the existing literature by providing an industry-level analysis of the COVID-19 pandemic with two different states. Evidence from the MS-CAPM model indicates the role of portfolio diversification. Specifically, the results reveal that some industries, such as materials, real estate, communication, and utilities, have much higher expected returns. On the other hand, other sectors, including consumer discretionary, industrials, and information technology, become less volatile than the market during the lockdown period.","PeriodicalId":45883,"journal":{"name":"Eastern European Economics","volume":" ","pages":""},"PeriodicalIF":1.1,"publicationDate":"2023-02-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45597780","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-02-08DOI: 10.1080/00128775.2023.2171888
V. Monastiriotis, S. Randjelovic
{"title":"The Relationship Between Public and Private Capital in Emerging Europe","authors":"V. Monastiriotis, S. Randjelovic","doi":"10.1080/00128775.2023.2171888","DOIUrl":"https://doi.org/10.1080/00128775.2023.2171888","url":null,"abstract":"","PeriodicalId":45883,"journal":{"name":"Eastern European Economics","volume":" ","pages":""},"PeriodicalIF":1.1,"publicationDate":"2023-02-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48710331","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-02-07DOI: 10.1080/00128775.2023.2173235
S. Khan
ABSTRACT Using new data from the World Bank Group’s COVID-19 Impact Follow-up Enterprise Surveys completed in 39 countries, we find that a firm’s pre-pandemic financial condition is an important predictor of employment but only at the onset of the pandemic. Second, firms with teleworking arrangements, furloughed workers, and temporarily closed or reporting a decreased demand for products/services are more likely to reduce their workforce at extensive and intensive margins. We also found a clear effect of gender on employment. Firms with a majority of female workers are more likely to reduce their workforce than firms with a majority of male workers.
{"title":"The firm-level employment impact of COVID-19: International evidence from World Bank Group’s Enterprise Surveys","authors":"S. Khan","doi":"10.1080/00128775.2023.2173235","DOIUrl":"https://doi.org/10.1080/00128775.2023.2173235","url":null,"abstract":"ABSTRACT Using new data from the World Bank Group’s COVID-19 Impact Follow-up Enterprise Surveys completed in 39 countries, we find that a firm’s pre-pandemic financial condition is an important predictor of employment but only at the onset of the pandemic. Second, firms with teleworking arrangements, furloughed workers, and temporarily closed or reporting a decreased demand for products/services are more likely to reduce their workforce at extensive and intensive margins. We also found a clear effect of gender on employment. Firms with a majority of female workers are more likely to reduce their workforce than firms with a majority of male workers.","PeriodicalId":45883,"journal":{"name":"Eastern European Economics","volume":"61 1","pages":"457 - 490"},"PeriodicalIF":1.1,"publicationDate":"2023-02-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45654520","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-02-03DOI: 10.1080/00128775.2023.2169165
A. A. Koç, S. Asci, Peyman Uysal
{"title":"Evaluation of the Demand for Alcoholic Beverages and Tax Policy in Turkey","authors":"A. A. Koç, S. Asci, Peyman Uysal","doi":"10.1080/00128775.2023.2169165","DOIUrl":"https://doi.org/10.1080/00128775.2023.2169165","url":null,"abstract":"","PeriodicalId":45883,"journal":{"name":"Eastern European Economics","volume":" ","pages":""},"PeriodicalIF":1.1,"publicationDate":"2023-02-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45561147","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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