Walter Bossert (CIREQ – Centre interuniversitaire de recherche en économie quantitative, University of Montreal – University of Montreal); Andrew E. Clark (PSE – Paris School of Economics, PJSE – Paris Jourdan Sciences Economiques – UP1 – Université Panthéon-Sorbonne – ENS Paris – École normale supérieure – Paris – INRA – Institut National de la Recherche Agronomique – EHESS – École des hautes études en sciences sociales – ENPC – École des Ponts ParisTech – CNRS – Centre National de la Recherche Scientifique); Conchita d’Ambrosio (INSIDE – INtegrative research unit on Social and Individual DEvelopment – University of Luxembourg [Luxembourg]); Anthony Lepinteur (INSIDE – INtegrative research unit on Social and Individual DEvelopment – University of Luxembourg [Luxembourg])
Economic insecurity has attracted growing attention in social, academic and policy cir- cles. However, there is no consensus as to its precise de_nition. Intuitively, economic insecurity is multi-faceted, making any comprehensive formal de_nition that subsumes all possible aspects extremely challenging. We propose a simpli_ed approach, and character- ize a class of individual economic-insecurity measures that are based on the time pro_le of economic resources. We then apply our economic-insecurity measure to data on political preferences. In US, UK and German panel data, and conditional on current economic resources, economic insecurity is associated with both greater political participation (sup- port for a party or the intention to vote) and notably more support for parties on the right of the political spectrum. We in particular _nd that 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.
Economic index numbers,Insecurity,Political participation,Conservatism,Right-leaning political parties,Trump,Brexit
This entry was posted on Monday, November 25th, 2019 at 10:30 pm and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed.
You can skip to the end and leave a response. Pinging is currently not allowed.