Does Money Matter
نویسنده
چکیده
This thesis explores the relationship between voter income and political ideology preference at the regional and state level. Traditional theories of voter preference contend that richer Americans tend to favor more conservative policy agendas in an effort to minimize income redistribution. The existing empirical literature supports this claim at the national level by finding a significant positive relationship between a voter’s income and his/her support for conservative policy. However, voters are not homogenous across different areas of the country. The influence of income on voter preference might vary between states with dissimilar demographic characteristics. In an effort to test this possibility, this study utilizes the National Election Survey and separates voter responses into data sets corresponding to each state. A model of voter preference is then estimated using ordered probit on each state allowing for a state-by-state comparison of the income coefficient. It is discovered that the income effect varies considerably across states, and that this variation follows a rough regional pattern. Income coefficients for many Southern states are found to be negative, implying an inverse relationship between conservative ideology and income level in these areas. The effect of church/synagogue attendance on voter preference is also analyzed across states, and is found to exhibit a similar pattern as the income effect with more religious voters tending to hold more liberal beliefs in the South. Taken together, this suggests that low-income voters potentially holding more conservative ideologies are not doing so out of religious conviction.
منابع مشابه
Globalization and Income Inequality: Does the Level of Financial Development Matter?
This paper examines the impact of globalization on income inequality in a panel of 78 developed and developing countries over 2002–2015. Moreover, the indirect effect of financial development in the link between globalization and income inequality is also analyzed by incorporating the interaction term between globalization and financial development. The empirical evidence based on the first-dif...
متن کاملDoes parents ’ money matter ? *
This paper asks whether parents’ income per se has a positive impact on children’s abilities. Previous research has established that income is positively correlated across generations. This does not prove that parents’ money matters, however, since income is presumably correlated with ability. This paper estimates the impact of parents’ income by focusing on income variation due to factors – un...
متن کاملDoes Money Matter? The Effects of Cash Transfers on Child Health and Development in Rural Ecuador
متن کامل
Does Money Illusion Matter?
Money illusion means that people behave differently when the same objective situation is represented in nominal terms rather than in real terms. This paper shows that seemingly innocuous differences in payoff representation cause pronounced differences in nominal price inertia indicating the behavioral importance of money illusion. In particular, if the payoff information is presented to subjec...
متن کاملWhen giving money does not work: The differential effects of monetary versus in-kind rewards in referral reward programs
⁎ Corresponding author. Tel.: +86 21 25011202; fax: +86 21 65103463. E-mail addresses: [email protected] (L. Jin), [email protected] (Y. Huang). 0167-8116/$ – see front matter © 2013 Elsevier B.V. All rights reserved. http://dx.doi.org/10.1016/j.ijresmar.2013.08.005
متن کاملDoes the Origin of the Endowment Matter?
We investigate the effect of different origins of endowment in a charitable giving experiment. Our results show that money from non-research funds and earned endowment significantly decrease donations, but there are insignificant differences between genders.
متن کامل