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Will Brexit Age Well? Cohorts, Seasoning and the Age-Leave Gradient, Past, Present and Future

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  • Barry Eichengreen
  • Rebecca Mari
  • Gregory Thwaites

Abstract

In the UK’s 2016 referendum on EU membership, young voters were more likely than their elders to vote Remain. Applying new methods to a half century of data, we show that this pattern reflects both ageing and cohort effects. Although voters become more Eurosceptical as they age, recent cohorts are also more pro-European than their predecessors. Much of the pro-Europeanism of these recent cohorts is accounted for by their greater years of education. Going forward, the ageing of the electorate will thus be offset at least in part by the replacement of older cohorts with younger, better-educated and more pro-European ones. But we also document large nationwide swings in sentiment that have little to do with either seasoning or cohort effects. Hence these demographic trends are unlikely to be the decisive determinants of future changes in European sentiment. Rather, nationwide changes in sentiment, reflecting macroeconomic or other conditions, and the age-turnout gradient will be key.

Suggested Citation

  • Barry Eichengreen & Rebecca Mari & Gregory Thwaites, 2018. "Will Brexit Age Well? Cohorts, Seasoning and the Age-Leave Gradient, Past, Present and Future," NBER Working Papers 25219, National Bureau of Economic Research, Inc.
  • Handle: RePEc:nbr:nberwo:25219
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    1. Ulrike Malmendier & Stefan Nagel & Zhen Yan, 2017. "The Making of Hawks and Doves: Inflation Experiences on the FOMC," NBER Working Papers 23228, National Bureau of Economic Research, Inc.
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    4. Thiemo Fetzer, 2019. "Did Austerity Cause Brexit?," American Economic Review, American Economic Association, vol. 109(11), pages 3849-3886, November.
    5. Sascha Becker & Thiemo Fetzer & Dennis Novy & Sascha O. Becker, 2017. "Who Voted for Brexit?," ifo DICE Report, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 15(04), pages 03-05, December.
    6. Harry Garretsen & Janka I Stoker & Dimitrios Soudis & Ron L Martin & Peter Jason Rentfrow, 2018. "Brexit and the relevance of regional personality traits: more psychological Openness could have swung the regional vote," Cambridge Journal of Regions, Economy and Society, Cambridge Political Economy Society, vol. 11(1), pages 165-175.
    7. Liberini, Federica & Oswald, Andrew J & Proto, Eugenio & Redoano, Michela, 2017. "Was Brexit Caused by the Unhappy and the Old?," CAGE Online Working Paper Series 342, Competitive Advantage in the Global Economy (CAGE).
    8. Zhang, Aihua, 2018. "New Findings on Key Factors Influencing the UK’s Referendum on Leaving the EU," World Development, Elsevier, vol. 102(C), pages 304-314.
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    Cited by:

    1. Eugene Beaulieu & Kamala Dawar & Lindsey Garner-Knapp, 2019. "Canada-U.K. Free Trade: Balancing Progressive Trade Policies And Economic Benefits," SPP Briefing Papers, The School of Public Policy, University of Calgary, vol. 12(43), December.
    2. Ahlfeldt, Gabriel M. & Maennig, Wolfgang & Mueller, Steffen Q., 2022. "The generation gap in direct democracy: Age vs. cohort effects," European Journal of Political Economy, Elsevier, vol. 72(C).
    3. Eleonora Alabrese & Thiemo René Fetzer & Thiemo Fetzer, 2018. "Who is NOT Voting for Brexit Anymore?," CESifo Working Paper Series 7389, CESifo.
    4. Liberini, Federica & Oswald, Andrew J. & Proto, Eugenio & Redoano, Michela, 2019. "Was Brexit triggered by the old and unhappy? Or by financial feelings?," Journal of Economic Behavior & Organization, Elsevier, vol. 161(C), pages 287-302.
    5. Barry Eichengreen & Rebecca Maria Mari & Gregory Thwaites, 2021. "Will Brexit Age Well? Cohorts, Seasoning and the Age–Leave Gradient: On the Evolution of UK Support for the European Union," Economica, London School of Economics and Political Science, vol. 88(352), pages 1130-1143, October.
    6. Fidrmuc, Jan & Hulényi, Martin & Tunalı, Çiğdem Börke, 2019. "Can money buy EU love?," European Journal of Political Economy, Elsevier, vol. 60(C).

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    More about this item

    JEL classification:

    • D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
    • I38 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Government Programs; Provision and Effects of Welfare Programs
    • J11 - Labor and Demographic Economics - - Demographic Economics - - - Demographic Trends, Macroeconomic Effects, and Forecasts

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