Political support in hard times: Do people care about national welfare?

Friedrichsen, Jana; Zahn, Philipp

doi:10.1016/j.ejpoleco.2014.03.007

Cited by 16 publications

(9 citation statements)

References 32 publications

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“…This suggests that those countries less affected by the economic and financial crisis show higher levels of trust in institutions, supporting H 1 . These results are consistent with the statement made in the theory (Criado & Herreros, 2007;Friedrichsen & Zahn, 2014) that institutional trust is sensitive to economic performance and the economic context. Furthermore, trust in political institutions in Norway increases over time (as it does in Sweden between 2008 and 2012), before returning to the level it initially had in 2012.…”

Section: Trends In Political Trust In Institutionssupporting

confidence: 92%

“…Thus, these results support H 2b , where the countries more affected by the crisis have a dramatic decline in trust in political institutions over time. The theoretical claim (Criado & Herreros, 2007;Friedrichsen & Zahn, 2014) about the link between economic and policy performance and institutional trust appears clearly in these results.…”

Section: Trends In Political Trust In Institutionsmentioning

confidence: 66%

“…Several authors point out that economic performance and economic outcomes are the main dimensions of policy performance (Criado & Herreros, 2007;Friedrichsen & Zahn, 2014;Levi & Stoker, 2000;Miller, 1974). There seems to be a general claim that poor economic performance affects institutional trust.…”

Section: The Relevance Of Trust In Institutionsmentioning

confidence: 99%

See 2 more Smart Citations

Comparing alignment and multiple group CFA for analysing political trust in europe during the crisis

Coromina

Peral

2020

Methodology

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Institutional trust is in decline in many western democracies. Since the 2008 global economic and financial crisis, this increasing distrust has been closely related to trust in political institutions. Trust in institutions is one of the pillars of democracy, and its decline is one of the most evident and shared symptoms of the recession, especially in those contexts where it has been particularly acute. This article has both substantive and methodological aims. From a substantive point of view, it deals with trust in political institutions in Europe, and its decline during the recession. Differences are found among European countries, depending on the severity of the economic crisis. From a methodological point of view, the article compares two methodologies for cross-cultural analyses: the more traditional Multiple-Group Confirmatory Factor Analysis, and the newer Alignment method. Recommendations for the use of the newer method in certain circumstances are provided.

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Section: Trends In Political Trust In Institutionssupporting

confidence: 92%

Section: Trends In Political Trust In Institutionsmentioning

confidence: 66%

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Comparing alignment and multiple group CFA for analysing political trust in europe during the crisis

Coromina

Peral

2020

Methodology

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“…However, the authors show that political factors do not have a significant impact on this type of reforms. Friedrichsen and Zahn (2014) argue that the economic performance of a country matters even beyond personal economic outcomes. Thus, growing dissatisfaction or lack of political support in hard times typically reflects poor economic conditions and unemployment.…”

Section: Literature Reviewmentioning

confidence: 99%

What determines the likelihood of structural reforms?

Agnello

Castro

Jalles

et al. 2015

European Journal of Political Economy

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We use data for a panel of 60 countries over the period 1980-2005 to investigate the main drivers of the likelihood of structural reforms. We find that: (i) external debt crises are the main trigger of financial and banking reforms; (ii) inflation and banking crises are the key drivers of external capital account reforms; (iii) banking crises also hasten financial reforms; and (iv) economic recessions play an important role in promoting the necessary consensus for financial, capital, banking and trade reforms, especially in the group of OECD-countries. Additionally, we also observe that the degree of globalisation is relevant for financial reforms, in particular in the group of non-OECD countries. Moreover, an increase in the income gap accelerates the implementation of structural reforms, but increased political fragmentation does not seem to have a significant impact

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“…The importance of securing public support has recently been recognized also by the IMF (), while new surveys show that fairness weighs highly in the criteria the broad public uses to favor fiscal consolidation (Stix, ). In a broader vein of analysis, Friedrichsen and Zahn () recently support that people care about national welfare beyond their personal economic circumstances. Furthermore, “distributionally sensitive” adjustment programs imply a softer attack on the incomes of those who have the highest marginal propensity to consume.…”

Section: Discussionmentioning

confidence: 99%

Does Fairness Matter for the Success of Fiscal Consolidation?

Καπλάνογλου

Rapanos

Bardakas³

2015

Kyklos

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Summary Does it matter for fiscal consolidation programs to be fair in order to be successful? This question has never been empirically addressed despite its profound importance especially since many developed countries have embarked on fiscal consolidation programs, which in many cases have led to sizeable increases in unemployment and poverty, and are met with public dissatisfaction. Using a data set for 29 OECD countries over the period 1971–2009, we argue that fairness matters, namely that improving the targeting of social transfers and their effectiveness in terms of poverty alleviation, higher public expenditure on training and active labor market programs and programs like social housing directed to the poor, even decreasing the VAT rate on necessities, improve the success probabilities of consolidation attempts. Introducing such concerns sheds new light on the prevailing view that the successful fiscal adjustments are those that rely on spending‐cuts rather than on tax increases. The results of this paper provide empirical evidence that ameliorating the effects of adjustment, by supporting the weaker parts of society, is crucial for the success of fiscal consolidations and argues that “fair fiscal adjustments” may provide the double dividend of enhancing the probability of success of the adjustment and of promoting social cohesion.

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Political support in hard times: Do people care about national welfare?

Cited by 16 publications

References 32 publications

Comparing alignment and multiple group CFA for analysing political trust in europe during the crisis

Comparing alignment and multiple group CFA for analysing political trust in europe during the crisis

What determines the likelihood of structural reforms?

Does Fairness Matter for the Success of Fiscal Consolidation?

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