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Memorandum, Department of Economics, University of Oslo >
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http://hdl.handle.net/10419/63221
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| Title: | | Savings behaviour when households have an access to occupational pensions  |
| Authors: | | Kalvarskaia, Maria |
| Issue Date: | | 2003 |
| Series/Report no.: | | Memorandum, Department of Economics, University of Oslo 2003,23 |
| Abstract: | | I study to what extent voters are forward looking and how future income affects the voting decision. Particularly, I estimate the effect of both transitory and permanent income on preferences for different parties using a panel data set from the Norwegian Election Study. To construct a proxy for permanent income, I use stated expectations about the future economic situation and an estimate of how this affects future income. It turns out that once we include the proxy for permanent income, transitory income has no explanatory power on voting behaviour, supporting the hypothesis of forward looking voting. As expected, a high expected permanent income leads to Conservative voting and a low income to Socialist voting. |
| Subjects: | | Voting permanent income redistribution |
| JEL: | | C25 D31 D72 D91 H11 H53
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| Document Type: | | Working Paper |
| Appears in Collections: | | Memorandum, Department of Economics, University of Oslo
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