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Suffrage extension, social identity, and redistribution: the case of the Second Reform Act

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  • Elena Seghezza
  • Pierluigi Morelli

Abstract

The most widely accepted interpretation of the Second Reform Act is the redistributivist hypothesis. This interpretation, however, is at odds with the absence of redistributive measures in the years after the 1867 Reform Act. Drawing on the social identity hypothesis, we argue that the British elite was convinced that skilled workers were not demanding the right to vote in order to obtain redistributive measures, and therefore they had no misgivings about granting this right to this group of workers. To confirm this, we use an event study to show that the various parliamentary stages of the Second Reform Act had no effect on Consol yield.

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  • Elena Seghezza & Pierluigi Morelli, 2019. "Suffrage extension, social identity, and redistribution: the case of the Second Reform Act," European Review of Economic History, European Historical Economics Society, vol. 23(1), pages 30-49.
    • Handle: RePEc:oup:ereveh:v:23:y:2019:i:1:p:30-49.
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    File URL: http://hdl.handle.net/10.1093/ereh/hey007
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    Cited by:

    1. Aidt, T. & Winer, S. & Zhang, P., 2020. "Franchise extension and fiscal structure in the United Kingdom 1820-1913: A new test of the Redistribution Hypothesis," Cambridge Working Papers in Economics 2008, Faculty of Economics, University of Cambridge.

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