How do voters form positive economic beliefs? Evidence from the Survey of Americans and Economists on the Economy
Bryan Caplan ()
Public Choice, 2006, vol. 128, issue 3, 367-381
Abstract:
Beliefs about normative economics appear to be primarily determined by sociotropic rather than egocentric variables. (Sears & Funk, 1990; Citrin & Green, 1990) Using the Survey of Americans and Economists on the Economy, the current paper finds that the same holds for positiveeconomic beliefs in most – but not all – cases. This hinges on whether a question is “causal” or “non-causal”: Causal beliefs depend on sociotropic variables, especially education and ideology; non-causal beliefs, in contrast, depend on egocentric variables, with income growth playing the leading role. This is consistent with a cognitive model where actors answer easier questions using personal experience, and harder ones with ``off-the-shelf" theories. Copyright Springer Science+Business Media B.V. 2006
Keywords: Economic beliefs; Sociotropic voting; Voter cognition (search for similar items in EconPapers)
Date: 2006
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Citations: View citations in EconPapers (9)
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Persistent link: https://EconPapers.repec.org/RePEc:kap:pubcho:v:128:y:2006:i:3:p:367-381
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DOI: 10.1007/s11127-006-9026-z
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