Abstract
This paper investigates empirically the effects of unemployment, inflation and real income growth on the popularity of the Swedish government by testing various vote functions for the period 1967–1978. Government popularity is measured on the basis of data obtained from monthly opinion polls. The results suggest that unemployment, in particular among workers in manufacturing industry, and inflation exerted a strong influence on the popularity of the Social Democratic Party, which was the ruling party during the period 1967–1976. The effects of real income growth are considerably smaller. The estimations are sensitive to the empirical specifications of the explanatory variables, although the basic conclusions remain unchanged.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
