Economic Recessions and Congressional Preferences for Redistribution

被引:10
|
作者
Carreri, Maria [1 ]
Teso, Edoardo [2 ]
机构
[1] Univ Calif San Diego, La Jolla, CA 92093 USA
[2] Northwestern Univ, Evanston, IL USA
关键词
MEMBERS; VOTERS;
D O I
10.1162/rest_a_01053
中图分类号
F [经济];
学科分类号
02 ;
摘要
We study if U.S. members of Congress who experienced an economic recession during early adulthood vote differently on redistribution-specific bills. We find that politicians who experienced a recession hold more conservative positions on redistribution, even compared to members of the same party. In light of recent empirical evidence showing that voters become more supportive of redistribution following a recession, our findings suggest that macroeconomic shocks might have a polarizing effect: recessions can create an ideological wedge between voters and their future representatives. We hypothesize and present evidence suggesting that this wedge might be explained by politicians' more privileged background.
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收藏
页码:723 / 732
页数:10
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