Changes in Young Europeans' Values During the Global Financial Crisis

Florencia M. Sortheix, Philip D. Parker, Clemens Lechner, Shalom Schwartz

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Sammanfattning

We investigate the impact of the global financial crisis (GFC) on the personal values of youth and young adults (age 16-35 years) from 16 European countries. Using time series cross-sectional data from seven waves (2002-2014) of the European Social Survey, we examined (1) whether the GFC led to value shifts between cohorts of young people and (2) whether welfare state provision moderate the expected value shifts. Multilevel analyses showed that, following the GFC, the importance of security, tradition, benevolence, and, to a lesser extent, conformity values increased. In contrast, hedonism, self-direction, and stimulation values decreased. In line with our moderation hypothesis, power, and, to a lesser extent, achievement values increased following the GFC in countries low on welfare expenditures but decreased in countries high on welfare expenditures. Contrary to expectations, increases in tradition and benevolence values were more pronounced in high-welfare countries.

Originalspråkengelska
TidskriftSocial Psychological and Personality Science
Volym10
Utgåva1
Sidor (från-till)15-25
Antal sidor11
ISSN1948-5506
DOI
StatusPublicerad - jan 2019
MoE-publikationstypA1 Tidskriftsartikel-refererad

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  • 5144 Socialpsykologi

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