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Well-being foundations of populism in Europe

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  • Silva, Rui

Abstract

Models of retrospective voting assume that voters’ preferences and choices depend on their subjective well-being, and thus, the belief that a particular candidate if elected, shall implement policies to improve it. We use this framework to address the populist phenomenon in Europe over the last 20 years. We find an inverse relationship between individual life satisfaction and self-reported support for populist parties (i.e., party identification). We further explore that relationship and identify political trust as one mechanism through which changes in life satisfaction affect the probability of supporting a populist party, especially, if positioned at the radical right or left.

Suggested Citation

  • Silva, Rui, 2024. "Well-being foundations of populism in Europe," European Journal of Political Economy, Elsevier, vol. 81(C).
    • Handle: RePEc:eee:poleco:v:81:y:2024:i:c:s0176268023001386
    DOI: 10.1016/j.ejpoleco.2023.102494
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    References listed on IDEAS

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    More about this item

    Keywords

    Populism; Life satisfaction; Subjective well-being; Political preferences; Political trust;
    All these keywords.

    JEL classification:

    • D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
    • D91 - Microeconomics - - Micro-Based Behavioral Economics - - - Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making
    • I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being

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