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Unravelling Voters’ Perceptions of the Economy

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  • Orla Doyle

    (Geary Institute, University College Dublin)

Abstract

Individual perceptions of the economy are a key factor influencing voting decisions, yet they often deviate from movements in the real economy. This study investigates the formation of economic perceptions during a period of economic and political instability in the Czech Republic using a series of Economic Expectations and Attitude (EEA) surveys and yearly regional economic indicators. It measures the extent to which retrospective and prospective perceptions are related to objective measures of the economy and subjective heterogeneity at an individual level. The study finds that objective economic indicators are inadequate determinants of economic perceptions and that such perceptions can be distorted by ideological beliefs, socioeconomic characteristics and personal experiences despite turbulent economic shocks, a highly politicized economic reform process and weak party identification.

Suggested Citation

  • Orla Doyle, 2010. "Unravelling Voters’ Perceptions of the Economy," Working Papers 201012, Geary Institute, University College Dublin.
  • Handle: RePEc:ucd:wpaper:201012
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    File URL: http://www.ucd.ie/geary/static/publications/workingpapers/gearywp201012.pdf
    File Function: First version, 2010
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    Cited by:

    1. Doyle, Orla & Fidrmuc, Jan, 2004. "Who is in favor of enlargement? Determinants of support for EU membership in the candidate countries' referenda," ZEI Working Papers B 04-2004, University of Bonn, ZEI - Center for European Integration Studies.

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    Keywords

    Economic perceptions; regional economic indicators; transition democracies; ideological beliefs;

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