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Beyond the CrisisThe Governance of Europe's Economic, Political and Legal Transformation$
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Mark Dawson, Henrik Enderlein, and Christian Joerges

Print publication date: 2015

Print ISBN-13: 9780198752868

Published to Oxford Scholarship Online: March 2016

DOI: 10.1093/acprof:oso/9780198752868.001.0001

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Inequality in Economic Perceptions within and between EU Member Countries

Inequality in Economic Perceptions within and between EU Member Countries

(p.235) 15 Inequality in Economic Perceptions within and between EU Member Countries
Beyond the Crisis

Liam F. McGrath

Oxford University Press

The eurozone crisis has led to considerable economic divergence between EU member states and has affected economic conditions for citizens. Yet, whilst much is known of objective economic conditions, less is known of citizens’ perceptions of economic conditions, particularly regarding their own well-being. In this chapter, we develop a measure of underlying economic perceptions for income groups within EU countries. Using data from Gallup (2007–2013) and a Bayesian measurement model, we place group perceptions on a single dimension. From this, we explore inequality between income groups’ economic perceptions within EU countries and, by segmenting countries by eurozone membership as well as whether countries were severely affected by sovereign debt crises, we identify differential trends in economic perceptions between EU countries. These results shed light on issues related to legitimacy and inequality within the EU and particularly during the crisis.

Keywords:   divergence, economic perceptions, inequality, Bayesian measurement model, European Union, eurozone membership, legitimacy, sovereign debt crisis

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