Arbeitspapier

Happy Voters

Motivated by recent interest and initiatives taken by several governments and international organizations to come up with indicators of well-being to inform policy makers, we test if subjective well-being measures (SWB) can be employed to study voting behaviour. Controlling for financial and economic circumstances, we find that when citizens are more satisfied with their life, they are also more likely to cast their vote in favor of the ruling party. We address the possible concern of reverse causality in the relationship between SWB and political support by (i) analysing the political behaviour of a sample of ideologically neutral voters, and (ii) by identifying the effect of SWB on voting intentions in individuals' response to an exogenous shock of (un)happiness (i.e. the death of husband or wife). We conclude that SWB explains voting decisions, even when the event affecting well-being is beyond government's control.

Language
Englisch

Bibliographic citation
Series: CESifo Working Paper ; No. 5002

Classification
Wirtschaft
Structure and Scope of Government: General
Welfare Economics: General
Microeconomics: General
Household Behavior: General
Subject
subjective well-being
happiness
retrospective voting

Event
Geistige Schöpfung
(who)
Liberini, Federica
Redoano, Michela
Proto, Eugenio
Event
Veröffentlichung
(who)
Center for Economic Studies and ifo Institute (CESifo)
(where)
Munich
(when)
2014

Handle
Last update
10.03.2025, 11:41 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Liberini, Federica
  • Redoano, Michela
  • Proto, Eugenio
  • Center for Economic Studies and ifo Institute (CESifo)

Time of origin

  • 2014

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