Arbeitspapier

Savings behaviour when households have an access to occupational pensions

I study to what extent voters are forward looking and how future income affects the voting decision. Particularly, I estimate the effect of both transitory and permanent income on preferences for different parties using a panel data set from the Norwegian Election Study. To construct a proxy for permanent income, I use stated expectations about the future economic situation and an estimate of how this affects future income. It turns out that once we include the proxy for permanent income, transitory income has no explanatory power on voting behaviour, supporting the hypothesis of forward looking voting. As expected, a high expected permanent income leads to Conservative voting and a low income to Socialist voting.

Sprache
Englisch

Erschienen in
Series: Memorandum ; No. 2003,23

Klassifikation
Wirtschaft
Single Equation Models; Single Variables: Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions; Probabilities
Personal Income, Wealth, and Their Distributions
Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
Micro-Based Behavioral Economics: Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making‡
Structure, Scope, and Performance of Government
National Government Expenditures and Welfare Programs
Thema
Voting
permanent income
redistribution
Sparen
Haushaltsökonomik
Alterssicherung

Ereignis
Geistige Schöpfung
(wer)
Kalvarskaia, Maria
Ereignis
Veröffentlichung
(wer)
University of Oslo, Department of Economics
(wo)
Oslo
(wann)
2003

Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
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Objekttyp

  • Arbeitspapier

Beteiligte

  • Kalvarskaia, Maria
  • University of Oslo, Department of Economics

Entstanden

  • 2003

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