Hager, Anselm; Hennicke, Moritz; Krause, Werner; … - 2022
lackluster economic performance? This paper points to the rushed privatization of East European economies as one plausible driver … of the revival of socialist voting. Using micro-level data from East Germany, we show that firm privatizations led to a …: Socialist voting thrived whenever firms were sold to Western elites, which East Germans took as a sign that capitalism was not …