“…The former line of research is based on the idea that populist voting is fuelled by changes in objective socio‐economic conditions affecting people's perceived cultural (e.g., Norris & Inglehart, 2019), social (e.g., Hogg, 2021; Mols & Jetten, 2017) and/or economic (e.g., Bos et al., 2020; Dehdari, 2022) status. The effects of these changes have been conceptualized as shared grievances and discontent (Giebler et al., 2021; Mayer, 2022), relative deprivation (Bos et al., 2020; Mols & Jetten, 2016), economic distress (Dehdari, 2022; Manunta et al., 2022), self‐uncertainty (Hogg, 2021), expected status decline (Im et al., 2022) and social exclusion (Gidron & Hall, 2020). However, as Mols and Jetten (2020) argued, these demand‐side factors can only partially explain the populist appeal because the relationship between populist support and macro‐economic trends tends to be complex and non‐linear at times.…”