Economic Indicators and Electoral Volatility. Economic Effects on Electoral Volatility in Western Europe, 1950-2013 KU Leuven
Economic voting theory assumes that on an individual level voters react to economic indicators to hold incumbents responsible for the performance of the economy. On an aggregate level, this would imply that there is an association between economic indicators and levels of volatility since voters have to switch parties if they want to punish or reward political actors. Based on a time-series cross-section analysis of the Pedersen Index for West ...