Costa-Font, Joan 
ORCID: 0000-0001-7174-7919 and Cowell, Frank ORCID: 0000-0002-3778-2152
(2015)
European identity and redistributive preferences.
CESifo working paper (5412).
CESifo Group, Munich, Germany.
Abstract
How important is spatial identity in shifting preferences for redistribution? This paper takes advantage of within-country variability in the adoption of a single currency as an instrument to examine the impact of the rescaling of spatial identity in Europe. We draw upon data from the last three decades of waves of the European Values Survey and we examine the impact of joining the single currency on preferences for redistribution. Our instrumentation strategy relies on using the exogenous effect of joining a common currency, alongside a battery of robustness checks and alternative instruments. Our findings suggest that joining the euro has a boosting effect on European identity; an opposite and comparable effect is found for national pride. We find that European identity increases preferences for redistribution, and that national pride exerts an equivalent reduction in preferences for redistribution.
| Item Type: | Monograph (Working Paper) |
|---|---|
| Official URL: | https://www.cesifo-group.de/ifoHome.html |
| Additional Information: | © 2015 The Authors |
| Divisions: | Economics European Institute Social Policy Centre for Economic Performance STICERD Centre for Analysis of Social Exclusion |
| Subjects: | J Political Science > JN Political institutions (Europe) |
| JEL classification: | D - Microeconomics > D6 - Welfare Economics > D60 - General H - Public Economics > H5 - National Government Expenditures and Related Policies > H53 - Government Expenditures and Welfare Programs O - Economic Development, Technological Change, and Growth > O5 - Economywide Country Studies > O52 - Europe |
| Date Deposited: | 01 Jul 2015 14:14 |
| Last Modified: | 01 Nov 2024 04:09 |
| Funders: | STICERD |
| URI: | http://eprints.lse.ac.uk/id/eprint/62601 |
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