Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/68168
Authors: 
Geishecker, Ingo
Siedler, Thomas
Year of Publication: 
2012
Series/Report no.: 
SOEPpapers on Multidisciplinary Panel Data Research 511
Abstract: 
There is a large body of literature analyzing the relationship between objective economic conditions and voting behavior, but there is very little evidence of how perceived economic insecurity impacts on political preferences. Using seventeen years of household panel data from the German Socio-Economic Panel, we examine whether job loss fears impact on individuals' party identification. Consistent with the deprivation theory, we find strong and robust evidence that subjective job loss fears foster affinity for parties at the far right-wing of the political spectrum. The effects are broadly comparable in direction and magnitude with the ones from objective unemployment and being out of the labor force. However, our empirical estimates do not suggest that job loss fears result in people withdrawing their support from political parties altogether or increasingly identify with extremist left-wing parties.
Subjects: 
job insecurity
party identification
prospective voting
economic worries
JEL: 
J01
J63
P16
Document Type: 
Working Paper

Files in This Item:
File
Size
219.17 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.