This European survey examines (a) A period of high inflation is substantially more electorally damaging to incumbent governments in advanced countries than a period of high unemployment; (b) Voters are more likely to punish incumbents for what they perceive as poor national economic performance than they are to reward incumbents for a good economy
Keyword: elections
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This week’s IGM European Economic Experts Panel statements:
A) Political conflict plays a key role in shaping economic decisions, policies and outcomes.
B) Most European countries have larger social welfare systems than the United States in part because the latter is more heterogeneous by race and ethnicity.
This week’s IGM Economic Experts Panel statements:
A) Political conflict plays a key role in shaping economic decisions, policies and outcomes.
B) The US has a smaller social welfare system than other rich countries in part because it is more heterogeneous by race and ethnicity.
This week’s IGM Economic Experts Panel statements:
A) Following the UK election result, the certainty that the country is going to leave the European Union will provide a substantial short-term boost to the UK economy.
B) The near certainty that the UK will leave the European Union's customs union and single market in 2020 offers a sizeable export market opportunity for American business.
This week’s IGM European Economic Experts Panel statements:
A) Following the UK election result, the certainty that the country is going to leave the European Union will provide a substantial short-term boost to the UK economy.
B) Given that the transition period currently expires at the end of 2020, there is still a considerable risk that the UK will leave the European Union without a trade agreement.
C) Leaving the European Union without a trade agreement would have a large negative impact on the UK economy.
This week's IGM Economic Experts Panel statement:
Rather than using second-round runoffs to settle elections in which no candidate wins a first-round majority, it would be better to use ranked-choice voting (as in the state of Maine) in which voters are encouraged to rank all of the candidates.
This week’s IGM Economic Experts Panel statements:
A) US share prices have risen since Donald Trump’s election victory at least partly because the policies he seems poised to implement are likely to increase US after-tax corporate profits.
B) US share prices have risen since Donald Trump’s election victory at least partly because the policies he seems poised to implement are likely to increase US real GDP growth.
This week's IGM Economic Experts Panel statements:
A) There is no perfect voting system. That is, no voting system can ensure that the winner will be the person who best represents voters’ wishes, including how intensely they favor or disfavor each candidate.
B) One clear defect of a winner-take-all election with 3 or more candidates, and with each voter choosing only one candidate, is that a candidate who is strongly disliked by a majority, but strongly liked by a minority, can beat a candidate who is liked by a majority and disliked by relatively few.
Compare yourself or your peers to the Clark Center Economics Experts Panel
