Democratic accountability in open economies

Thomas Sattler, Patrick T. Brandt, John R. Freeman

Research output: Contribution to journalArticle

10 Scopus citations

Abstract

We analyze democratic accountability in open economies based on different hypotheses about political evaluations and government responsiveness. Specifically, we assess whether citizens primarily rely on government policies or if they focus on economic outcomes resulting from these policies to evaluate governments. Our empirical analysis relies on Bayesian structural vector autoregression models for the British economy, aggregate monthly measures of public opinion, and economic evaluations from 1984 to 2006. We find that voters continuously monitor and strongly respond contemporaneously to changes in monetary and fiscal policies, but less to changes in macroeconomic outcomes. Voters also respond

Original languageEnglish (US)
Pages (from-to)71-97
Number of pages27
JournalQuarterly Journal of Political Science
Volume5
Issue number1
DOIs
StatePublished - May 4 2010

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