2022/09/07 by Walter Bossert, Andrew E Clark, Andrew E. Clark +2 · 29 citations
Health Professions · Social Sciences · #Brexit #Corruption and Economic Development #Culture, Economy, and Development Studies #Development economics #Economic policy #Economics #Employment and Welfare Studies #European union #Political economy #Political science #Politics #Preference #Presidential election #Presidential system #Referendum #Voting
paper · pdf · doi:10.1093/oep/gpac037
published in Oxford Economic Papers 75(3), 802-825 (Oxford University Press)
openalex publication_date 2022/09/07 · openalex created_date 2025/10/10 · openalex updated_date 2026/08/01
Abstract Economic insecurity has attracted growing attention, but there is no consensus as to its definition. We characterize a class of individual economic-insecurity measures based on the time profile of economic resources. We apply this economic-insecurity measure to political-preference data in the USA, UK, and Germany. Conditional on current economic resources, economic insecurity is associated with both greater political participation (support for a party or the intention to vote) and more support for conservative parties. In particular, 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.