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Financial expectations and the ‘left–right’political value scale: testing for the POUM hypothesis – Russia Longitudinal Monitoring Survey of HSE

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

Citation

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

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.

URL

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

Reference Type

Journal Article

Year Published

2012

Journal Title

Economics Letters

Author(s)

Buscha, Franz