IDEAS home Printed from https://ideas.repec.org/a/kap/pubcho/v145y2010i1p253-264.html

It’s all ‘bad’ news! Voters’ perception of macroeconomic policy competence

Author

Listed:
  • Joshy Easaw

Abstract

No abstract is available for this item.

Suggested Citation

  • Joshy Easaw, 2010. "It’s all ‘bad’ news! Voters’ perception of macroeconomic policy competence," Public Choice, Springer, vol. 145(1), pages 253-264, October.
    • Handle: RePEc:kap:pubcho:v:145:y:2010:i:1:p:253-264
    DOI: 10.1007/s11127-009-9564-2
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1007/s11127-009-9564-2
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1007/s11127-009-9564-2?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to

    for a different version of it.

    References listed on IDEAS

    as
    1. Easaw, Joshy Z. & Ghoshray, Atanu, 2007. "Confidence or competence: Do presidencies matter for households' subjective preferences?," European Journal of Political Economy, Elsevier, vol. 23(4), pages 1025-1037, December.
    2. Akerlof, George A & Dickens, William T, 1982. "The Economic Consequences of Cognitive Dissonance," American Economic Review, American Economic Association, vol. 72(3), pages 307-319, June.
    3. Suzanna De Boef & Paul M. Kellstedt, 2004. "The Political (and Economic) Origins of Consumer Confidence," American Journal of Political Science, John Wiley & Sons, vol. 48(4), pages 633-649, October.
    4. Rogoff, Kenneth, 1990. "Equilibrium Political Budget Cycles," American Economic Review, American Economic Association, vol. 80(1), pages 21-36, March.
    5. Sydney C. Ludvigson, 2004. "Consumer Confidence and Consumer Spending," Journal of Economic Perspectives, American Economic Association, vol. 18(2), pages 29-50, Spring.
    6. Daniel Kahneman & Amos Tversky, 2013. "Prospect Theory: An Analysis of Decision Under Risk," World Scientific Book Chapters, in: Leonard C MacLean & William T Ziemba (ed.), HANDBOOK OF THE FUNDAMENTALS OF FINANCIAL DECISION MAKING Part I, chapter 6, pages 99-127, World Scientific Publishing Co. Pte. Ltd..
    7. Bloom, Howard S. & Price, H. Douglas, 1975. "Voter Response to Short-Run Economic Conditions: the Asymmetric Effect of Prosperity and Recession," American Political Science Review, Cambridge University Press, vol. 69(4), pages 1240-1254, December.
    8. Bryan Caplan, 2007. "Introduction to The Myth of the Rational Voter: Why Democracies Choose Bad Policies," Introductory Chapters, in: The Myth of the Rational Voter: Why Democracies Choose Bad Policies, Princeton University Press.
    9. Eliaz, Kfir & Spiegler, Ran, 2006. "Can anticipatory feelings explain anomalous choices of information sources?," Games and Economic Behavior, Elsevier, vol. 56(1), pages 87-104, July.
    10. Susan W. Taylor & David J. Smyth & Pami Dua, 1999. "Estimating the public's social preference function between inflation and unemployment using survey data: The survey research center versus Gallup," Empirical Economics, Springer, vol. 24(3), pages 361-372.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Marcel Garz, 2014. "Good news and bad news: evidence of media bias in unemployment reports," Public Choice, Springer, vol. 161(3), pages 499-515, December.
    2. Yukihiro Yazaki, 2017. "Newspapers and political accountability: evidence from Japan," Public Choice, Springer, vol. 172(3), pages 311-331, September.
    3. David Hollanders & Barbara Vis, 2013. "Voters’ commitment problem and reforms in welfare programs," Public Choice, Springer, vol. 155(3), pages 433-448, June.
    4. McCluskey, Jill J. & Swinnen, Johan & Vandemoortele, Thijs, 2015. "You get what you want: A note on the economics of bad news," Information Economics and Policy, Elsevier, vol. 30(C), pages 1-5.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Bui, Dzung & Dräger, Lena & Hayo, Bernd & Nghiem, Giang, 2023. "Macroeconomic expectations and consumer sentiment during the COVID-19 pandemic: The role of others’ beliefs," European Journal of Political Economy, Elsevier, vol. 77(C).
    2. Chen, Si, 2012. "Optimistic versus Pessimistic--Optimal Judgemental Bias with Reference Point," MPRA Paper 50693, University Library of Munich, Germany.
    3. Nguyen, Viet Hoang & Claus, Edda, 2013. "Good news, bad news, consumer sentiment and consumption behavior," Journal of Economic Psychology, Elsevier, vol. 39(C), pages 426-438.
    4. Easaw, Joshy Z. & Ghoshray, Atanu, 2007. "Confidence or competence: Do presidencies matter for households' subjective preferences?," European Journal of Political Economy, Elsevier, vol. 23(4), pages 1025-1037, December.
    5. Easaw, Joshy & Ghoshray, Atanu, 2010. "News and households' subjective macroeconomic expectations," Journal of Macroeconomics, Elsevier, vol. 32(1), pages 469-475, March.
    6. Schnellenbach, Jan & Schubert, Christian, 2015. "Behavioral political economy: A survey," European Journal of Political Economy, Elsevier, vol. 40(PB), pages 395-417.
    7. Gric, Zuzana & Ehrenbergerova, Dominika & Hodula, Martin, 2022. "The power of sentiment: Irrational beliefs of households and consumer loan dynamics," Journal of Financial Stability, Elsevier, vol. 59(C).
    8. Gernot Wagner & Richard Zeckhauser, 2012. "Climate policy: hard problem, soft thinking," Climatic Change, Springer, vol. 110(3), pages 507-521, February.
    9. Emmanuel PETIT, 2010. "The role of regret in the persistence of anomalies in financial markets (In French)," Cahiers du GREThA (2007-2019) 2010-07, Groupe de Recherche en Economie Théorique et Appliquée (GREThA).
    10. Hosseini, Hamid, 2003. "The arrival of behavioral economics: from Michigan, or the Carnegie School in the 1950s and the early 1960s?," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 32(4), pages 391-409, September.
    11. Saito, Hiroharu, 2022. "Loss aversion for the value of voting rights: WTA/WTP ratios for a ballot," International Review of Law and Economics, Elsevier, vol. 69(C).
    12. Grier, Kevin B & McGarrity, Joseph P, 1998. "The Effect of Macroeconomic Fluctuations on the Electoral Fortunes of House Incumbents," Journal of Law and Economics, University of Chicago Press, vol. 41(1), pages 143-161, April.
    13. Nikolaus Schweizer & Nora Szech, 2018. "Optimal Revelation of Life-Changing Information," Management Science, INFORMS, vol. 64(11), pages 5250-5262, November.
    14. Wichardt, Philipp C. & Schunk, Daniel & Schmitz, Patrick W., 2009. "Participation costs for responders can reduce rejection rates in ultimatum bargaining," Economics Letters, Elsevier, vol. 103(1), pages 33-35, April.
    15. Mario Cedrini & Marco Novarese, 2015. "The challenge of fear to economics," Mind & Society: Cognitive Studies in Economics and Social Sciences, Springer;Fondazione Rosselli, vol. 14(1), pages 99-106, June.
    16. Macera, Rosario, 2014. "Dynamic beliefs," Games and Economic Behavior, Elsevier, vol. 87(C), pages 1-18.
    17. Gebhard Kirchgässner, 2014. "On Self-Interest and Greed," CESifo Working Paper Series 4883, CESifo.
    18. Akhtar, Shumi & Faff, Robert & Oliver, Barry & Subrahmanyam, Avanidhar, 2011. "The power of bad: The negativity bias in Australian consumer sentiment announcements on stock returns," Journal of Banking & Finance, Elsevier, vol. 35(5), pages 1239-1249, May.
    19. Yaniv, Gideon, 1998. "Phobic disorder, psychotherapy, and risk-taking: an economic perspective," Journal of Health Economics, Elsevier, vol. 17(2), pages 229-243, April.
    20. Raphaël Soubeyran, 2006. "Valence Advantages and Public Goods Consumption: Does a Disadvantaged Candidate Choose an Extremist Position?," Working Papers 2006.84, Fondazione Eni Enrico Mattei.

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;
    ;
    ;

    JEL classification:

    • C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes
    • E69 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Other
    • H89 - Public Economics - - Miscellaneous Issues - - - Other

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:kap:pubcho:v:145:y:2010:i:1:p:253-264. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.