Arbeitspapier

What Does the Public Know about Economic Policy, and How Does It Know It?

Public opinion influences politicians, and therefore influences public policy decisions. What are the roles of self-interest, knowledge, and ideology in public opinion formation? And how do people learn about economic issues? Using a new, specially-designed survey, we find that most respondents express a strong desire to be well informed on economic policy issues, and that television is their dominant source of information. On a variety of major policy issues (e.g., taxes, social security, health insurance), ideology is the most important determinant of public opinion, while measures of self-interest are the least important. Knowledge about the economy ranks somewhere in between.

Language
Englisch

Bibliographic citation
Series: IZA Discussion Papers ; No. 1324

Classification
Wirtschaft
Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook: General
Analysis of Collective Decision-Making: General
Subject
ideology
public opinion
knowledge
Öffentliche Meinung
Public Choice
Eigeninteresse
Ideologie
Bildung
Interview
Vereinigte Staaten

Event
Geistige Schöpfung
(who)
Blinder, Alan S.
Krueger, Alan B.
Event
Veröffentlichung
(who)
Institute for the Study of Labor (IZA)
(where)
Bonn
(when)
2004

Handle
Last update
10.03.2025, 11:45 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Blinder, Alan S.
  • Krueger, Alan B.
  • Institute for the Study of Labor (IZA)

Time of origin

  • 2004

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