Government Popularity and the State of the Economy

John Hudson

The Manchester School of Economic & Social Studies, 1988, vol. 56, issue 4, 319-30

Abstract: This paper completes the modeling of the link between the state of the economy, as measured by such variables as inflation and unemployment, and government popularity. The relationship between government approval and the state of the economy is first modeled. To do this, the coefficients of a macro-utility function, based on inflation and unemployment, are calculated. Approval for the government's record then depends upon a comparison of current utility with utility at the time the government was elected. Using the results of previous research, predicted government approval is then used to simulate government popularity. Copyright 1988 by Blackwell Publishers Ltd and The Victoria University of Manchester

Date: 1988
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Persistent link: https://EconPapers.repec.org/RePEc:bla:manch2:v:56:y:1988:i:4:p:319-30

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