Policy Magazine

What's the Half-Life of the Economic Vote? (About a Year and a Half)

Economic voting theory assumes that voters focus their attention on the recent past. But testing this assumption is difficult and past research remains inconclusive. I estimate voters' economic time frames using a new model that measures the economic vote and voter myopia at the same time. I show that voter myopia is real and that after around a year and a half, economic voting affects half in size. After five years, they approach zero. My findings have positive implications.
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