Economic Expectations, Voting, and Economic Decisions around Elections

2018 ◽  
Vol 108 ◽  
pp. 597-602 ◽  
Author(s):  
Gur Huberman ◽  
Tobias Konitzer ◽  
Masha Krupenkin ◽  
David Rothschild ◽  
Shawndra Hill
Keyword(s):  
Durable Goods ◽  
Well Being ◽  
Actual Behavior ◽  
Economic Decisions ◽  
Winning Team ◽  
Economic Expectations ◽  
Survey Responses ◽  
Online Search Behavior ◽  
The Impact ◽  
Economic Well Being

Survey respondents who associate themselves with the “winning team” in an election, substantially increase their expectations for their stock market, but only modestly increase their expected household economic well-being. The impact of the election outcome on the “losing team” is comparatively muted. Yet, the dramatic shifts in survey responses from “winning team” respondents do not manifest themselves in their actual behavior as revealed by their online search behavior, in contrast to members of the “losing team,” whose decline in durable goods purchases correlate with their stated economic expectations. Combining novel survey data and search, this study provides a uniquely meaningful comparison of stated attitudes with actual behaviors.

Public Attitudes and Concerns about Population Ageing in Japan

1996 ◽  
Vol 16 (4) ◽  
pp. 443-465 ◽  
Author(s):  
Robert L. Clark ◽  
Naohiro Ogawaf
Keyword(s):  
Social Security ◽  
Public Attitudes ◽  
Well Being ◽  
Population Ageing ◽  
Developed Country ◽  
Retirement Benefits ◽  
Nationally Representative ◽  
Survey Responses ◽  
The Impact ◽  
Economic Well Being

AbstractJapan is the most rapidly ageing developed country in the world. Economic, political, and social changes will be necessary in the next 20 years as Japan attempts to adjust to the rapid ageing of its population. This paper examines survey responses by Japanese men and women regarding their attitudes toward the ageing of their country's population, concerns about the impact of anticipated demographic changes on their economic well-being in retirement, and preferences among alternative policy options for changes in the Japanese social security programme. Responses to a nationally representative survey, conducted by Mainichi Newspapers in 1992, were analysed. Key findings indicate that: (1) the Japanese are concerned about the impact of population ageing on their economic well-being in retirement, (2) most Japanese anticipate that earnings will be an important source of their retirement income, but they are worried about employment opportunities, (3) they favour increasing social security taxes instead of cutting retirement benefits, and (4) they favour raising the age of eligibility for social security benefits.

Impact of Subsidy Schemes on the Economic Well-Being of Households in Vietnam

2017 ◽  
pp. 39-50 ◽  
Author(s):  
Oanh Nguyen Hoang ◽  
Ngoc Nguyen Hong ◽  
Bao Ho Đinh
Keyword(s):  
Health Care Services ◽  
Durable Goods ◽  
Well Being ◽  
Positive Direction ◽  
Care Services ◽  
The Difference ◽  
Production Subsidies ◽  
The Impact ◽  
Income Component ◽  
Economic Well Being

This paper uses the Propensity Score Matching method (PSM) to determine the criteria of eligibility for production and income subsidies and the Difference-in-Difference method (DID) to evaluate the impact of these policies on households’ economic well-being in Vietnam. The empirical results indicate that though these policies have not contributed to a clear economic well-being improvement of the participating households, their impacts tend to move in a positive direction. It should be noted that though these policies do not make the income/expenditure of the participating households increase, they help increase the income component from agricultural production significantly, especially for the group receiving production subsidies, and at the same time increase spending on durable goods and health care services in comparison with nonparticipating households.

Food Expenditures and Economic Well-Being in Early Modern England

1983 ◽  
Vol 43 (1) ◽  
pp. 89-100 ◽  
Author(s):  
Carole Shammas
Keyword(s):  
Early Modern ◽  
Well Being ◽  
Early Modern England ◽  
Total Expenditure ◽  
Important Measure ◽  
Food Expenditures ◽  
Dietary Shifts ◽  
Food And Drink ◽  
The Impact ◽  
Economic Well Being

The proportion of a household's budget spent on diet has commonly served as an important measure of material welfare. This paper pulls together data concerning trends in food expenditures for early modern England and draws comparisons with figures for later periods. The usefulness of wage assessments, a new source for estimating the proportion of outlays devoted to diet, is examined. The impact on food expenditures of new commodities and other dietary shifts is also explored. The findings call into question earlier estimates of the proportion of total expenditure devoted to food and drink in the pre-industrial period and the assumption that food expenditures are always inelastic.

scholarly journals Did We Lose the War on Poverty?

1998 ◽  
Vol 12 (1) ◽  
pp. 79-96 ◽  
Author(s):  
Dale W Jorgenson
Keyword(s):  
Household Income ◽  
Well Being ◽  
War On Poverty ◽  
Support Programs ◽  
Accurate Assessment ◽  
Income Support ◽  
Poverty Level ◽  
The Impact ◽  
The U.S ◽  
Economic Well Being

Official U.S. poverty statistics based on household income imply that the proportion of the U.S. population below the poverty level reached a minimum in 1973, giving rise to the widespread impression that the elimination of poverty is impossible. By contrast, poverty estimates based on household consumption have fallen through 1989 and imply that the war on poverty was a success. This paper recommends replacing income by consumption in official estimates of poverty in order to obtain a more accurate assessment of the impact of income support programs and economic growth on the level and distribution of economic well-being among households.

scholarly journals Farmers’ Participation in Agritourism: Does It Affect the Bottom Line?

2013 ◽  
Vol 42 (3) ◽  
pp. 471-490 ◽  
Author(s):  
Hyunjeong Joo ◽  
Aditya R. Khanal ◽  
Ashok K. Mishra
Keyword(s):  
Well Being ◽  
Farm Income ◽  
Small Scale ◽  
Bottom Line ◽  
Alternative Source ◽  
Large Farm ◽  
Household Incomes ◽  
On Farm ◽  
The Impact ◽  
Economic Well Being

Agritourism is an alternative source of farm income. We examine farmers’ participation in agritourism activities to assess the impact of participation on farm household income and return to assets using a large farm-level survey. The results reveal that older, educated, and female operators are more likely to participate in agritourism. However, government subsidies and the population of the county are negatively correlated with agritourism. Of the types of farm operations examined, small-scale farms that involved agritourism generated the greatest household incomes and returns to assets. For operators of small farms, agritourism can boost the economic well-being of farm households.

The Impact of Wealth Inequality on Economic Well-Being

Challenge ◽  
2007 ◽  
Vol 50 (4) ◽  
pp. 65-87 ◽  
Author(s):  
Edward Wolff ◽  
Ajit Zacharias
Keyword(s):  
Wealth Inequality ◽  
Well Being ◽  
The Impact ◽  
Economic Well Being

scholarly journals Economic Expectations of Young Adults

2018 ◽  
Vol 4 ◽  
pp. 237802311879595 ◽  
Author(s):  
Nina Bandelj ◽  
Yader R. Lanuza
Keyword(s):  
Young Adults ◽  
Social Relations ◽  
Positive Impact ◽  
Panel Study ◽  
Well Being ◽  
Moral Worth ◽  
Socioeconomic Background ◽  
Economic Expectations ◽  
Economic Future ◽  
The Impact

In uncertain economic times, who are those young adults that show positive expectations about their economic future? And who are those who worry? Based on previous stratification research and extending economic sociology insights into the realm of young people’s economic expectations, we focus on the impact of family class background and a sense of current meaningful community relations on young adults’ general and job-specific economic expectations. Analysis of Panel Study of Income Dynamics (PSID) data reveals that a sense of community belonging has a robust and positive impact on economic optimism of young adults, but the role of family socioeconomic background is weaker. We conclude that imagining one’s economic future is less about realistic calculation determined by early structural conditions but more about identity work of young people who assert their moral worth in how they imagine their economic lives and manage uncertainty and well-being in ongoing social relations.

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