Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/82901 
Authors: 
Year of Publication: 
2001
Series/Report no.: 
Working Paper No. 2001:18
Publisher: 
Uppsala University, Department of Economics, Uppsala
Abstract: 
This paper presents a theoretical model of rational retrospective voting, which is tested empirically on pooled cross-sectional and panel data from the Swedish Election Studies between 1985 and 1994 supplemented with time series on inflation and unemployment. Compared with the cross-sectional estimates, the panel estimates indicate a relatively greater impact of macroeconomic variables on the individual vote. The principal finding is, however, that microeconomic variables influence the vote about as much as macroeconomic variables do. In consequence, self-interest appears to be an important part of an adequate understanding of economic voting in Sweden. Regarding the determination of election outcomes, macroeconomic variables have been more influential.
Subjects: 
Elections
voting behavior
pocketbook voting
self-int4erest
public interest
JEL: 
D72
Document Type: 
Working Paper

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