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Financial expectations and the ‘left-right’ political value scale: Testing for the POUM hypothesis
Authors:Franz Buscha
Institution:
  • Westminster Business School, University of Westminster, 35 Marylebone Road, London, NW1 5LS, United Kingdom
  • 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.
    Keywords:D14  D31  D72
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