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This paper studies how international trade influences U.S. presidential elections. We expect the positive employment effects of expanding exports to increase support for the incumbent's party, and job insecurity from import competition to diminish such support. Our national-level models show for...
Persistent link: https://www.econbiz.de/10013001193
Donald Trump's presidential campaign highlighted protectionism of U.S.-born workers at a time of growing income inequality, racial tensions, and labor market polarization. Our study investigates if and how voters' life circumstances affected election behavior between 2012 and 2016, and how voter...
Persistent link: https://www.econbiz.de/10012836646
US voters have been moving apart in the last twenty years. This paper analyzes how their voting participation has partitioned by looking at US counties in the 2012 Presidential elections. To tackle this question, we propose a methodology that jointly addresses spatial autocorrelation of the...
Persistent link: https://www.econbiz.de/10012838244
Much of the public discourse and media analysis of the surprise outcome of the 2016 US presidential election has emphasized the role of manufacturing workers. This paper examines the importance of manufacturing jobs and job loss as determinants of voting patterns using county-level voting data...
Persistent link: https://www.econbiz.de/10012954552
To many statisticians and citizens, the outcome of the most recent U.S. presidential election represents a failure of data-driven methods on the grandest scale. This impression has led to much debate and discussion about how the election predictions went awry — Were the polls inaccurate? Were...
Persistent link: https://www.econbiz.de/10012958603
The Merriam-Webster dictionary defines insurgent as “one who acts contrary to the policies and decisions of one's own political party.” In this paper, an “insurgent presidential campaign” is defined as the campaign of a candidate who did not have the support of the United States of...
Persistent link: https://www.econbiz.de/10012907372
The open-economy politics of trade presumes that elections, as a political institution, aggregate preferences of individual voters to resolve a salient trade cleavage in a democratic society. This presumption, despite being widely applied to analytical narratives of trade politics in the...
Persistent link: https://www.econbiz.de/10012908457
International trade directly influences US presidential elections. We explore the electoral implications of the increasing tradability of services and the large US surplus in services trade. Our paper builds on prior work showing that job insecurity from import competition in manufacturing...
Persistent link: https://www.econbiz.de/10012910862
While political experts have long claimed that bad weather lowers voter turnout, the impact of weather on U.S. election outcomes remains unclear. The most rigorous work to date found that precipitation benefits Republicans and suggested that Florida rains influenced the outcome of the 2000...
Persistent link: https://www.econbiz.de/10012935311
This study examines the effects of political uncertainty around US presidential elections on firm risk, expected return, trading activity, and dispersion of investor beliefs. To this end, we utilize information embedded in short-term options and exploit cross-sectional differences in firms'...
Persistent link: https://www.econbiz.de/10012869982