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Why So Gloomy?: Perceptions of Economic Mobility in Europe and Central Asia

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dc.contributor.authorCancho, CĂŠsar
dc.contributor.authorDĂĄvalos, Maria E.
dc.contributor.authorSĂĄnchez-PĂĄramo, Carolina
dc.date.accessioned2016-01-12T20:51:54Z
dc.date.available2016-01-12T20:51:54Z
dc.date.issued2015-12
dc.description.abstractDespite significant improvements in per capita expenditures and a marked decline in poverty over the 2000s, a large fraction of Eastern Europe and Central Asias population reports their economic situation in the late 2000s to be worse than in 1989. This paper uses data from the Life in Transition Survey to document the gap between objective and subjective economic mobility and investigate what may drive this apparent disconnection. The paper aims at identifying some of the drivers behind subjective perceptions of economic mobility, focusing on the role of perceptions of fairness and trust in shaping peoples perceptions of their upward or downward mobility. The results show that close to half of the households in the region perceive to have experienced downward economic mobility, that is, that their position in the income distribution has deteriorated. The results also show that perceptions of higher inequality, unfairness, and distrust in public institutions are associated with downward subjective economic mobility. The findings from this study confirm that factors beyond objective well-being are associated with the perceptions of mobility observed in Europe and Central Asia and may explain why the region has had such a pessimistic view of economic mobility during the past two decades. Understanding what drives peoples perceptions of their living standards and quality of life is important, because regardless of objective measures, perceptions could influence peoples behavior, including support for reforms and labor market decisions. For Eastern Europe and Central Asia, a region that has undergone substantive transformations and which is still going through a reform process, accounting for these aspects is critical.en
dc.identifierhttp://documents.worldbank.org/curated/en/2015/12/25700487/so-gloomy-perceptions-economic-mobility-europe-central-asia
dc.identifier.doi10.1596/1813-9450-7519
dc.identifier.urihttps://hdl.handle.net/10986/23619
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper;No. 7519
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectECONOMIC BOOM
dc.subjectLIVING STANDARDS
dc.subjectSELF EMPLOYED
dc.subjectJOBS
dc.subjectPUBLIC EMPLOYMENT
dc.subjectEMPLOYMENT HISTORIES
dc.subjectEMPLOYMENT
dc.subjectRISKS
dc.subjectUNEMPLOYMENT RATES
dc.subjectMOTIVATION
dc.subjectNATIONAL UNEMPLOYMENT RATE
dc.subjectECONOMIC GROWTH
dc.subjectLABOUR OFFICE
dc.subjectACCOUNTING
dc.subjectPRODUCTION
dc.subjectEMPLOYMENT SHARE
dc.subjectPOLITICS
dc.subjectRETIREMENT
dc.subjectVALUATION
dc.subjectINCOME
dc.subjectGDP PER CAPITA
dc.subjectAGE GROUP
dc.subjectGDP PER CAPITA
dc.subjectINFORMATION
dc.subjectLABOR FORCE
dc.subjectPLANNED ECONOMY
dc.subjectPUBLIC EMPLOYMENT
dc.subjectPOLITICAL ECONOMY
dc.subjectWELFARE
dc.subjectJOB
dc.subjectEFFECTS
dc.subjectDIMINISHING RETURNS
dc.subjectNATIONAL UNEMPLOYMENT
dc.subjectPRIVATE EMPLOYMENT
dc.subjectDISTRIBUTION
dc.subjectVARIABLES
dc.subjectPRIVATE SECTOR
dc.subjectEMPLOYMENT OUTCOMES
dc.subjectEMPLOYMENT HISTORY
dc.subjectREGION
dc.subjectDRIVERS
dc.subjectDEVELOPMENT
dc.subjectLABOR MARKET
dc.subjectPLANNED ECONOMIES
dc.subjectINFLUENCE
dc.subjectPRIVATE FIRM
dc.subjectTRAINING
dc.subjectDEVELOPMENT ECONOMICS
dc.subjectPERFORMANCE INDICATORS
dc.subjectECONOMIC MOBILITY
dc.subjectWORKER
dc.subjectINCOME INEQUALITY
dc.subjectDEMOCRACY
dc.subjectUNEMPLOYED
dc.subjectOLDER WORKERS
dc.subjectSELF‐EMPLOYED
dc.subjectJOB MARKET
dc.subjectMARKETS
dc.subjectORGANIZATIONS
dc.subjectBUSINESS CYCLE
dc.subjectLOTTERY
dc.subjectINCOME LEVELS
dc.subjectSTANDARDS
dc.subjectLABOR
dc.subjectUTILITY
dc.subjectPREVIOUS RESULTS
dc.subjectFINANCE
dc.subjectMARKET ECONOMIES
dc.subjectMARKET ECONOMY
dc.subjectUNEMPLOYMENT
dc.subjectEQUITY
dc.subjectENTREPRENEURIAL ABILITY
dc.subjectCONSUMPTION
dc.subjectEMPLOYMENT INFORMATION
dc.subjectECONOMIC SURVEYS
dc.subjectHIGH UNEMPLOYMENT RATES
dc.subjectWORKERS
dc.subjectECONOMIC PERFORMANCE
dc.subjectYOUNG WORKERS
dc.subjectWAGES
dc.subjectEMPLOYMENT SITUATION
dc.subjectNATIONAL UNEMPLOYMENT RATES
dc.subjectUNEMPLOYMENT RATE
dc.subjectHIGHER INEQUALITY
dc.subjectVALUE
dc.subjectINCOME DISTRIBUTIONS
dc.subjectMACROECONOMICS
dc.subjectLABOR MARKET EXPERIENCES
dc.subjectAGE GROUPS
dc.subjectPROBIT REGRESSION
dc.subjectSUB-REGIONS
dc.subjectINCOME DISTRIBUTION
dc.subjectUNEMPLOYED PEOPLE
dc.subjectEMPLOYMENT STATUS
dc.subjectECONOMY
dc.subjectLABOR RELATIONS
dc.subjectMEASUREMENT
dc.subjectPRIVATE SECTOR
dc.subjectHOUSEHOLD CHARACTERISTICS
dc.subjectPROBIT REGRESSIONS
dc.subjectINCOME EFFECT
dc.subjectECONOMIC SITUATION
dc.subjectECONOMICS
dc.subjectECONOMIC SYSTEMS
dc.subjectREGRESSION ANALYSIS
dc.subjectECONOMIC INEQUALITY
dc.subjectSOCIAL CAPITAL
dc.subjectGDP
dc.subjectTHEORY
dc.subjectREGIONS
dc.subjectECONOMIC EXPANSION
dc.subjectRISK
dc.subjectPOVERTY
dc.subjectYOUNGER WORKERS
dc.subjectGINI COEFFICIENT
dc.subjectHOUSEHOLD CONSUMPTION
dc.subjectHIGH UNEMPLOYMENT
dc.subjectDECLINE IN POVERTY
dc.subjectUNEMPLOYMENT BENEFITS
dc.subjectTRANSITION ECONOMIES
dc.subjectPRIMARY EDUCATION
dc.subjectLABOUR
dc.subjectMARKET ECONOMY
dc.subjectOUTCOMES
dc.subjectMACROECONOMIC PERFORMANCE
dc.subjectPRICES
dc.subjectECONOMIC CONDITIONS
dc.subjectDEVELOPMENT POLICY
dc.titleWhy So Gloomy?en
dc.title.subtitlePerceptions of Economic Mobility in Europe and Central Asiaen
dc.typeWorking Paperen
dc.typeDocument de travailfr
dc.typeDocumento de trabajoes
dspace.entity.typePublication
okr.crossref.titleWhy So Gloomy? Perceptions of Economic Mobility in Europe and Central Asia
okr.date.disclosure2015-12-18
okr.date.doiregistration2025-04-10T10:05:20.794904Z
okr.doctypePublications & Research::Policy Research Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2015/12/25700487/so-gloomy-perceptions-economic-mobility-europe-central-asia
okr.guid574541468197406913
okr.identifier.doi10.1596/1813-9450-7519
okr.identifier.externaldocumentum090224b083e3ae9a_1_0
okr.identifier.internaldocumentum25700487
okr.identifier.reportWPS7519
okr.importedtrue
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2015/12/18/090224b083e3ae9a/1_0/Rendered/PDF/Why0so0gloomy00ope0and0Central0Asia.pdfen
okr.region.administrativeEurope and Central Asia
okr.region.geographicalCentral Asia
okr.region.geographicalEastern Europe
okr.region.geographicalEurope and Central Asia
okr.topicSocial Protections and Labor::Labor Markets
okr.topicSocial Protections and Labor::Labor Policies
okr.topicPoverty Reduction::Inequality
okr.topicMacroeconomics and Economic Growth::Regional Economic Development
okr.topicMacroeconomics and Economic Growth::Economic Theory & Research
okr.unitPoverty and Equity Global Practice Group
relation.isAuthorOfPublicationa70012ed-8f3b-5199-bb65-424ead221391
relation.isAuthorOfPublication.latestForDiscoverya70012ed-8f3b-5199-bb65-424ead221391
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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