Financial expectations and the ‘left–right’ political value scale: Testing for the POUM hypothesis

Using a uniquely defined indicator of political ideology we test whether expectations of future financial well-being have an effect on an individual’s position on the political ‘left–right’ spectrum. We find evidence of a significant “prospect of upward mobility” effect.

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Year of publication:	2012
Authors:	Buscha, Franz
Published in:	Economics Letters. - Elsevier, ISSN 0165-1765. - Vol. 115.2012, 3, p. 460-464
Publisher:	Elsevier
Subject:	Prospect of upward mobility \| Political ideology \| Party support

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Type of publication:	Article
Classification:	D14 - Personal Finance ; D31 - Personal Income, Wealth and Their Distributions ; D72 - Economic Models of Political Processes: Rent-Seeking, Elections, Legistures, and Voting Behavior
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011041708