Article ID Journal Published Year Pages File Type
5067954 European Journal of Political Economy 2013 8 Pages PDF
Abstract

•Diversity in views expressed by economists regarding appropriate economic policies•The dataset is for voting by economists on the German Council of Economic Experts.•Council members nominated by the trade unions submit minority votes.•The channel of political appointment influences voting behavior.

I study diversity in views expressed by economists regarding appropriate economic policies. The dataset is for voting by economists on the German Council of Economic Experts, over the period 1971-2011. The results show that the best predictor of minority voting is having been nominated by the trade unions, which results in being some 70 percentage points more likely to vote against the majority opinion. The voting pattern confirms that ideological identity through the channel of political appointment influences economists' voting behavior.

Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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