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