Since 2014
Do the Rich Vote Conservative Because They Are Rich?
Review of Economics and Institutions
View Archive Info| Field | Value | |
| Title |
Do the Rich Vote Conservative Because They Are Rich?
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| Creator |
Lind, Jo Thori; University of Oslo
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| Subject |
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political economy, redistribution, voting, multinomial logit, panel data C23, C25, D31, D72, H11, H53 |
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| Description |
Political economics predicts that the rich oppose redistribution and vote for conservative parties. Although this seemingly fits the data well in most countries, I show that the relationship breaks down when we control for unobservable characteristics. Using Norwegian survey data, I study to what extent voting is caused by income. Although a positive association between income and conservative voting persists when controlling for unobservables, the magnitude of the effect is reduced by a factor of five. To correct for measurement error, I instrument income with average income by profession. The magnitude of the coefficients becomes higher, but the main conclusion remains.
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| Publisher |
University of Perugia
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| Contributor |
—
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| Date |
2010-09-29
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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| Format |
application/pdf
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| Identifier |
http://www.rei.unipg.it/rei/article/view/18
10.5202/rei.v1i2.18 |
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| Source |
Review of Economics and Institutions; Vol 1, No 2 (2010)
2038-1379 2038-1344 |
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| Language |
eng
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| Relation |
http://www.rei.unipg.it/rei/article/view/18/21
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| Rights |
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