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  Preferences in Times of Economic Hardship
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 Ophav:
Barfort, Sebastian1, Forfatter
Lassen, David Dreyer2, Vejleder
Tilknytninger:
1Det Samfundsvidenskabelige Fakultet, Københavns Universitet, København, Danmark, diskurs:7001              
2Økonomisk Institut, Det Samfundsvidenskabelige Fakultet, Københavns Universitet, København, Danmark, diskurs:7014              
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Indhold

Ukontrollerede emneord: Political economy
 Abstract: Few questions are more relevant in light of the recent financial crisis than how adverse personal experiences such as a decrease in income or a job loss influence voters' preferences over redistribution. This paper argues for a central role of expectations, which so far have not received much attention in empirical political economy models of redistribution. Using a novel dataset that merges a repeated survey conducted in Denmark during the financial crisis with high quality administrative data, I isolate unexpected changes in income and employment to test the conjecture that ideological views on welfare policy condition how voters respond to adverse economic experiences. The empirical analysis reveals that adverse economic surprises lead to short run political divergence among voters. This effect is primarily driven by left-wing voters who react to negative economic shocks with a sizable increase in demand for redistribution. Pro-market voters, on the other hand, react with a small decrease in their demand. This is consistent with recent work in social psychology suggesting that voters are unwilling to challenge their ideological beliefs.
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Filer

Navn:
Sebastian Barfort.pdf (Hovedtekst)
Bemærkninger:
-
Tilgængelighed:
Offentlig
Mime-type / størrelse:
application/pdf / 560KB
Copyright dato:
2013-10-04
Copyright information:
De fulde rettigheder til dette materiale tilhører forfatteren.
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Basal

Bogmærk denne post: https://diskurs.kb.dk/item/diskurs:52848:1
 Type: Speciale
Alternativ titel: Præferencer for omfordeling i økonomisk hårde tider
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Detaljer

Sprog: English - eng
 Datoer: 2013
 Sider: 2013-08-14
 Publiceringsinfo: København : Københavns Universitet
 Indholdsfortegnelse: -
 Note: -
 Type: Speciale
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