Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/232422 
Year of Publication: 
2021
Series/Report no.: 
CESifo Working Paper No. 8825
Publisher: 
Center for Economic Studies and Ifo Institute (CESifo), Munich
Abstract: 
We examine whether collective memories on the aid&reform programs chosen to handle the 2010 European debt crisis differ between citizens from borrower and lender countries. We use new international survey data for non-experts and experts in member countries of the euro area. The results show that non-experts from borrower and lender countries remember aspects of the programs in different manners; indicating biases for assessments of how the crisis outcomes are perceived in borrower and lender countries. Nation-serving biases may well explain if the European debt crisis has reduced the sense of belonging rather than bringing European citizens closer together.
Subjects: 
collective memories
European debt crisis
nation-serving biases
aid&reform programmes
experts
JEL: 
F36
F55
H12
H87
Document Type: 
Working Paper
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