Economic index numbers; Insecurity; Political participation
Abstract :
[en] Economic insecurity has attracted growing attention, but there is no consensus as to its definition. We characterize a class of individual economic-insecurity measures based on the time profile of economic resources. We apply this economic-insecurity measure to political-preference data in the USA, UK, and Germany. Conditional on current economic resources, economic insecurity is associated with both greater political participation (support for a party or the intention to vote) and more support for conservative parties. In particular, economic insecurity predicts greater support for both Donald Trump before the 2016 US Presidential election and the UK leaving the European Union in the 2016 Brexit referendum.
Disciplines :
Social economics
Author, co-author :
Bossert, Walter; CIREQ, Universite de Montreal
Clark, Andrew ; Paris School of Economics, CNRS, University of Luxembourg
d'Ambrosio, Conchita ; University of Luxembourg > Faculty of Humanities, Education and Social Sciences (FHSE) > Department of Behavioural and Cognitive Sciences (DBCS)
Lepinteur, Anthony ; University of Luxembourg > Faculty of Humanities, Education and Social Sciences (FHSE) > Department of Behavioural and Cognitive Sciences (DBCS)
External co-authors :
yes
Language :
English
Title :
Economic insecurity and political preferences
Publication date :
2023
Journal title :
Oxford Economic Papers
ISSN :
1464-3812
Publisher :
Oxford University Press, Oxford, United Kingdom
Volume :
75
Pages :
802–825
Peer reviewed :
Peer reviewed
FnR Project :
FNR12677653 - Financial Strain And Economic Instability: Effects On Wellbeing And Behaviour Over The Life Course, 2018 (01/09/2019-31/08/2022) - Conchita D'ambrosio
