American Economic Journal:
Economic Policy
ISSN 1945-7731 (Print) | ISSN 1945-774X (Online)
Persistent Antimarket Culture: A Legacy of the Pale of Settlement after the Holocaust
American Economic Journal: Economic Policy
vol. 5,
no. 3, August 2013
(pp. 189–226)
Abstract
We estimate long-term effects of Jewish presence in Europe before World War II, using discontinuity at the border of the "Pale of Settlement" area where Jews were allowed to live in the Russian Empire. Current residents of the Pale have lower support for market, and are less entrepreneurial but more trusting compared to those outside the Pale. We suggest a mechanism and test for it: anti-Semitism generated persistent antimarket culture and trust among non-Jews. Consistent with this mechanism, antimarket attitudes and trust decrease with distance to pogroms controlling for historical Jewish presence. Self-identification and cohesion of majority depends on the presence of minority.Citation
Grosfeld, Irena, Alexander Rodnyansky, and Ekaterina Zhuravskaya. 2013. "Persistent Antimarket Culture: A Legacy of the Pale of Settlement after the Holocaust." American Economic Journal: Economic Policy, 5 (3): 189–226. DOI: 10.1257/pol.5.3.189Additional Materials
JEL Classification
- J11 Demographic Trends, Macroeconomic Effects, and Forecasts
- N33 Economic History: Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy: Europe: Pre-1913
- N34 Economic History: Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy: Europe: 1913-
- N43 Economic History: Government, War, Law, International Relations, and Regulation: Europe: Pre-1913
- N44 Economic History: Government, War, Law, International Relations, and Regulation: Europe: 1913-
- P10 Capitalist Systems: General
- Z12 Cultural Economics: Religion
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