en
Scientific article
Open access
English

Voter responses to fiscal austerity

Published inBritish Journal of Political Science, vol. 51, no. 4, p. 1751-1760
Publication date2021
Abstract

Governments have great difficulties to design politically sustainable responses to rising public debt. These difficulties are grounded in a limited understanding of the popular constraints during times of fiscal pressure. For instance, an influential view claims that fiscal austerity does not entail significant political risk. But this research potentially underestimates the impact of austerity on votes because of strategic selection bias. To address this challenge, we conduct survey experiments in Spain, Portugal, Italy, the UK and Germany. Contrary to the previous literature, the results show that the reelection chances of governments decrease massively when they propose austerity measures. Voters object particularly strongly to spending cuts and, to a lesser extent, to tax increases. While voters also disapprove of fiscal deficits, they weight the costs of austerity policies more than their potential benefits for the fiscal balance. These findings are inconsistent with the policy recommendations of international financial institutions.

eng
Keywords
  • Fiscal policy
  • Consolidation
  • Debt
  • Voting behaviour
  • Elections
  • Political economy
Citation (ISO format)
HUEBSCHER, Evelyne Patrizia, SATTLER, Thomas, WAGNER, Markus. Voter responses to fiscal austerity. In: British Journal of Political Science, 2021, vol. 51, n° 4, p. 1751–1760. doi: 10.1017/S0007123420000320
Main files (1)
Article (Accepted version)
accessLevelPublic
Identifiers
ISSN of the journal0007-1234
269views
462downloads

Technical informations

Creation05/26/2020 1:52:00 PM
First validation05/26/2020 1:52:00 PM
Update time06/29/2023 7:07:25 AM
Status update06/29/2023 7:07:25 AM
Last indexation01/17/2024 9:55:04 AM
All rights reserved by Archive ouverte UNIGE and the University of GenevaunigeBlack