Confidence or competence: do presidencies matter for households' subjective preferences?

Joshy Z Easaw, Atanu Ghoshray

Research output: Contribution to journalArticle

3 Citations (Scopus)

Abstract

This paper investigates how households form subjective preferences. We examine the relationship between subjective economic confidence or sentiments and the perception of the incumbent government's competence, and consider how preferences affect each other. We further consider consequences of different presidencies. A theoretical model shows how households 'anchor' subjective views of the incumbent's competence on the household's confidence. Empirical analysis confirms the posited behavior and confirms that different presidencies have a bearing on the relationship.
Original languageEnglish
Pages (from-to)1025-1037
Number of pages13
JournalEuropean Journal of Political Economy
Volume23
Issue number4
Publication statusPublished - 2007

Keywords

  • Rent-seeking
  • and Performance of Government (H110)
  • and Voting Behavior (D720)
  • Elections
  • Empirical Analysis (D120)
  • Structure
  • Models of Political Processes
  • Legislatures
  • Consumer Economics
  • Scope

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