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Financial Crisis and Group Identity

Exploring Linked Fate Among U.S. Black and Latino Populations During the Great Recession

Bibliographic Data

ID21215310
AuthorsGinger Alonso (0000-0002-7596-6921, California State University, Chico, corresponding author), Devin Fernandes (0000-0001-7949-1161, California State University, Chico)
Year2026
Pages1-20
Publication date2026-06-26
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueThe Journal of Race Ethnicity and Politics (JOURNAL)
Journal identifiersISSN: 2056-6085 • E-ISSN: 2056-6085
PublisherCambridge University Press (CUP) (PUBLISHER)
DOI10.1017/rep.2026.10092
OpenAlexW7166142137
LanguageEN
References cited31

Can economic crises erode ethno-racial solidarity? This study examines linked fate, the belief that one’s life is intertwined with others, during the 2008 recession. Using 2004–2016 American National Election Studies data, we apply time-series analysis to test the racial utility heuristic among Black and Latino respondents. Linked fate declines after the recession, continuing through 2012, but the effect is statistically significant only for Black respondents. Financial hardship shows no direct association with linked fate, yet group trends vary by income and education. These findings suggest that while linked fate may be resilient to individual economic strain, macroeconomic downturns can selectively weaken group-based political cohesion

African american · Black swan theory · Ethnic group · Financial crisis · Great recession · Politics · Recession · Test (biology) · Social and Cultural Dynamics · Social Capital and Networks · Social Power and Status Dynamics

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