The Grievance Asymmetry Revisited: A Micro Study of Economic Voting in Denmark, 1986-92

Working Paper Number: Memo 1995-4

Posted: 15 Sep 1999

See all articles by Peter Nannestad

Peter Nannestad

Aarhus University - Department of Economics and Business Economics

Martin Paldam

Aarhus University - Department of Economics and Business Economics

Abstract

From an analysis of the economic voting of 17,100 Danes, it is demonstrated that the reaction is about three times larger to a deterioration in the economy than to an improvement. The results point to the importance of economic stability in the welfare function. It provides an explanation of the costs of ruling. It thus explains why governments change.

JEL Classification: H89

Suggested Citation

Nannestad, Peter and Paldam, Martin, The Grievance Asymmetry Revisited: A Micro Study of Economic Voting in Denmark, 1986-92. Working Paper Number: Memo 1995-4, Available at SSRN: https://ssrn.com/abstract=6420

Peter Nannestad

Aarhus University - Department of Economics and Business Economics ( email )

Fuglesangs Allé 4
Aarhus V
Denmark

Martin Paldam (Contact Author)

Aarhus University - Department of Economics and Business Economics ( email )

Universitetsparken
Building 350
DK-8000 Aarhus C
Denmark
+45 8942 1133 (Phone)
+45 8613 6334 (Fax)

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Abstract Views
1,091
PlumX Metrics