2020
DOI: 10.1016/j.electstud.2020.102141
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Increased economic salience or blurring of responsibility? Economic voting during the Great Recession

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Cited by 24 publications
(20 citation statements)
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References 37 publications
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“…For starters, incumbent parties suffered electoral costs as a result of the Eurozone crisis (Dassonneville and Lewis-Beck 2014;Hernandez andKriesi, 2016, Giuliani andMassari, 2019;Lobo and Pannico, 2020). This can be interpreted as a classic "punishment of the incumbent" effect, in which negative economic trends take center stage in public discourse.…”
Section: The Roots Of the Eu Crisis And Politicizationmentioning
confidence: 99%
See 1 more Smart Citation
“…For starters, incumbent parties suffered electoral costs as a result of the Eurozone crisis (Dassonneville and Lewis-Beck 2014;Hernandez andKriesi, 2016, Giuliani andMassari, 2019;Lobo and Pannico, 2020). This can be interpreted as a classic "punishment of the incumbent" effect, in which negative economic trends take center stage in public discourse.…”
Section: The Roots Of the Eu Crisis And Politicizationmentioning
confidence: 99%
“…Using data from the 2009 European Election Studies (EES), Lobo and Lewis-Beck (2012) discovered that heightened perceptions of European Union economic responsibility reduce the amount of the national economic vote coefficient. Lobo and Pannico (2020) also discovered that during the crisis, people who read publications with a higher level of EU coverage used economic voting less.…”
Section: The Roots Of the Eu Crisis And Politicizationmentioning
confidence: 99%
“…The ‘bailout packages’ and austerity policies adopted by the national governments but imposed by other actors – such as the European Commission (EC) and European Central Bank (ECB) – increased the negative image of the EU and contributed to the creation of several anti-EU parties. Furthermore, they led voters to greater awareness of the EU economic constraints over national economic policies (Lobo and Pannico, 2020). The ballot box was a unique opportunity for voters to express their negative feelings and ‘punish’ the EU for being ‘responsible’.…”
Section: Euroscepticism and The Anti-eu Vote In Greecementioning
confidence: 99%
“…Conversely, under the assumption that financial markets are prospective, the cost and size of debt depend on expectations of political stability. In this way, the expectations of the lenders can lead not only to a financial crisis but also to a collapse of the government (Lobo & Pannico, 2020). If lenders believe that the stability of the incumbent government is in doubt and operate under uncertainty, they set high interest rates, thus increasing political distortions and leading to default on debt payments.…”
Section: Economic Crisis and Their Political Correlatesmentioning
confidence: 99%