Party Positions, Asset Ownership, and Economic Voting
Conventional wisdom holds that asset owners favor parties on the center-right. This assumption, however, ignores the possibility that party positions may shift over time and across contexts. The electoral payoff from ownership thus depends on how the policies of the major parties treat those assets. In this article, we argue that the prediction that asset holders support right-of-center parties rests on the position-taking strategies of parties. We test this expectation with evidence from six...[Show more]
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