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Financial expectations and the ‘left–right’ political value scale: testing for the POUM hypothesis

Buscha, Franz (2012) Financial expectations and the ‘left–right’ political value scale: testing for the POUM hypothesis. Economics Letters, 115 (3). pp. 460-464. ISSN 0165-1765

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Official URL: http://dx.doi.org/10.1016/j.econlet.2011.12.121

Abstract

Using a uniquely defined indicator of political ideology we test whether expectations of future financial well-being have an effect on an individual’s position on the political ‘left–right’ spectrum. We find evidence of a significant “prospect of upward mobility” effect.

Item Type:Article
Research Community:University of Westminster > Westminster Business School
ID Code:11357
Deposited On:26 Oct 2012 09:42
Last Modified:17 Jun 2013 16:17

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