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来源类型Working Paper
规范类型报告
DOI10.3386/w24187
来源IDWorking Paper 24187
Distrust and Political Turnover during Economic Crises
Nathan Nunn; Nancy Qian; Jaya Wen
发表日期2018-01-08
出版年2018
语种英语
摘要We use a six-decade long annual country-level panel dataset to document that recessions are more likely to cause political turnover in countries with lower levels of generalized trust. The effect is only present in democracies (not autocracies), for turnovers occurring through regular procedures (not coups), and during scheduled election years. We find similar effects for vote shares in national elections across sub-national regions within Europe and across counties within the United States. Furthermore, countries with higher trust experience more rapid recoveries from recessions. The results show that trust is an important determinant of political stability during recessions.
主题Microeconomics ; Welfare and Collective Choice ; Other ; Economic Systems
URLhttps://www.nber.org/papers/w24187
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/581860
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Nathan Nunn,Nancy Qian,Jaya Wen. Distrust and Political Turnover during Economic Crises. 2018.
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