Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5068363 | European Journal of Political Economy | 2007 | 13 Pages |
Abstract
This paper investigates how households form subjective preferences. We examine the relationship between subjective economic confidence or sentiments and the perception of the incumbent government's competence, and consider how preferences affect each other. We further consider consequences of different presidencies. A theoretical model shows how households 'anchor' subjective views of the incumbent's competence on the household's confidence. Empirical analysis confirms the posited behavior and confirms that different presidencies have a bearing on the relationship.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Joshy Z. Easaw, Atanu Ghoshray,