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Economic Expectations Grow Less Polarized since the 2016 Election

Wilbert Van der Klaauw, Olivier Armantier, Michael Neubauer and Daphne Skandalis
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Olivier Armantier: Board of Governors of the Federal Reserve System (U.S.)
Michael Neubauer: Research and Statistics Group
Daphne Skandalis: Research and Statistics Group

No 20190513, Liberty Street Economics from Federal Reserve Bank of New York

Abstract: In two previous blog posts (from January 2017 and December 2017), we examined political polarization in economic expectations in the period immediately after the 2016 presidential election using the Survey of Consumer Expectations (SCE). Today, we begin a two-part series that revisits the issue. In this post, we provide an update on how economic expectations have evolved in counties where a plurality voted for Donald Trump in 2016 and counties where a plurality voted for Hillary Clinton. In a second post, we will look at how economic expectations differed in the run-up to the 2018 congressional elections, based on how districts ended up voting in that election.

Keywords: Elections; Consumer Expectations; Polarization (search for similar items in EconPapers)
JEL-codes: D84 (search for similar items in EconPapers)
Date: 2019-05-13
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