Partisan Bias, Economic Expectations, and Household Spending

Atif Mian, Amir Sufi and Nasim Khoshkhou
Additional contact information
Amir Sufi: University of Chicago
Nasim Khoshkhou: Argus Information and Advisory Services

Working Papers from Princeton University. Economics Department.

Abstract: The well-documented rise in political polarization among the U.S. electorate over the past 20 years has been accompanied by a substantial increase in the effect of partisan bias on survey-based measures of economic expectations. Individuals have a more optimistic view on future economic conditions when they are more closely affiliated with the party that controls the White House, and this tendency has increased significantly over time. Individuals report a large shift in economic expectations based on partisan affiliation after the 2008 and 2016 elections, but administrative data on spending shows no effect of these shifts on actual household spending.

Keywords: Politics; Partisan Bias; Economic Expectations; Household Spending (search for similar items in EconPapers)
JEL-codes: D10 D19 D84 (search for similar items in EconPapers)
Date: 2018-03
References: Add references at CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2620828

Related works:
Journal Article: Partisan Bias, Economic Expectations, and Household Spending (2023)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pri:econom:2018-9

Access Statistics for this paper

More papers in Working Papers from Princeton University. Economics Department. Contact information at EDIRC.
Bibliographic data for series maintained by Bobray Bordelon ().