2019
DOI: 10.1017/s1755773919000092
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Bailout or bust? Government evaluations in the wake of a bailout

Abstract: Governments are often punished for negative events such as economic downturns and financial shocks. However, governments can address such shocks with salient policy responses that might mitigate public punishment. We use three high-quality nationally representative surveys collected around a key event in the history of the Dutch economy, namely the outbreak of the financial crisis in 2008, to examine how voters responded to a salient government bailout. The results illustrate that governments can get substanti… Show more

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Cited by 5 publications
(4 citation statements)
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“…Alternatively, Larsen et al (2019) show that a bailout in the Netherlands actually increased political support; they argue that citizens rewarded government for acting, even if these policies were potentially harmful. It is not clear if this can be generalised to externally derived bailouts.…”
Section: Discussionmentioning
confidence: 99%
“…Alternatively, Larsen et al (2019) show that a bailout in the Netherlands actually increased political support; they argue that citizens rewarded government for acting, even if these policies were potentially harmful. It is not clear if this can be generalised to externally derived bailouts.…”
Section: Discussionmentioning
confidence: 99%
“…It is, however, important to bear the time frame in mind: the financial-economic and Euro crisis unfolded over the period of almost a decade. In most EU countries trust in government did not start declining immediately; in some countries it even spiked in the first months after the start of the financial crisis (Larsen et al 2019;Roth et al 2013, 23). There is good reason to expect even stronger public support and elite consensus in the early stages of a pandemic crisis: whereas economic crises or terrorist attacks relate to salient political conflict lines in most political systems, which can be readily politicised, this cannot be said for the public management of pandemics.…”
Section: Opposition Behaviour In Times Of Crisismentioning
confidence: 99%
“…As people's major concerns were about education and healthcare policies [70], citizens' satisfaction with government policies was also associated with economic performance [71][72][73][74] and trust [75][76][77][78][79][80], increased satisfaction among people leading to higher trust in government [81].…”
Section: Literature Reviewmentioning
confidence: 99%