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Income shocks, political support and voting behaviour

Author

Listed:
  • Upward, Richard
  • Wright, Peter W.

Abstract

We provide new evidence on the effects of economic shocks on political support, voting behaviour and political opinions over the last 25 years in the UK. We exploit a sudden, large and long-lasting shock in the form of job loss and trace out its impact on individual political outcomes for up to 10 years after the event. The availability of detailed information on individuals before and after the job loss event allows us to reweight a comparison group to closely mimic the job losers in terms of their observable characteristics, pre-existing political support and voting behaviour. We find consistent and long-lasting effects on support and votes for the incumbent party, and shorter-lived effects on political engagement. We find limited impact on the support for fringe or populist parties. In the context of Brexit, opposition to the EU was much higher amongst those who lost their jobs, but this was largely due to pre-existing differences which were not exacerbated by the job loss event itself.

Suggested Citation

  • Upward, Richard & Wright, Peter W., 2024. "Income shocks, political support and voting behaviour," Journal of Public Economics, Elsevier, vol. 239(C).
    • Handle: RePEc:eee:pubeco:v:239:y:2024:i:c:s0047272724001890
    DOI: 10.1016/j.jpubeco.2024.105253
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    More about this item

    Keywords

    Job loss; Voting; Political support;
    All these keywords.

    JEL classification:

    • J63 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Turnover; Vacancies; Layoffs
    • D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
    • C21 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Cross-Sectional Models; Spatial Models; Treatment Effect Models
    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models

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