Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/70215
Authors: 
Geishecker, Ingo
Siedler, Thomas
Year of Publication: 
2011
Series/Report no.: 
Discussion Papers, Center for European Governance and Economic Development Research 129
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 rational choice theory, we find strong and robust evidence that job loss fears foster affinity for parties at the far right-wing of the political spectrum. However, our empirical estimates do not suggest that job loss fears result in people withdrawing their support from political parties altogether.
Subjects: 
Job insecurity, party identification, prospective voting, economic worries
JEL: 
J01
C23
Document Type: 
Working Paper

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