Political economy of elections

This course examines the determinants and consequences of voting, with an explicit emphasis on the economy.  We cover the state of the art in the academic understanding of how voters respond to economic stimuli: How voters attribute responsibility, and hold political parties electorally accountable.  Conversely, we also examine the consequences of voting: How regularities in voting behaviour influence policy making, redistribution and specific policy making.  The economy, more so than any other variable, ranks consistently among the most important issues in an election and as such, the economic vote is the strongest evidence that the governed actually hold those who govern them accountable in democracies. This course examines empirical regularities in the key relationships that determine who gains and who loses in democratic politics.

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