Accounting for the Electoral Effects of Short Term Economic Fluctuations: The Role of Incumbency-Oriented and Policy-Oriented Voting
Several previous studies have found considerable evidence of incumbency-oriented voting, i.e. voting for or against the incumbent president and candidates of his party on the basis of fluctuations in economic conditions. This study explores the hypothesis that voting in response to economic conditions is often policy.
Additional InformationAn earlier version of this paper was delivered at the Annual Meeting of the Public Choice Society, March 14-16, 1980, San Francisco, California.
Submitted - sswp319.pdf