Leaning to the Left: Political Consequences of the Financial Crisis

• In Event: Partisan Governments and Finance

Brief Overview

Do political actors change their position in response to crisis? Studying the 2007-2008 Financial Crisis, I found that both parties and voters update their economic and ideological positions towards left.

Authors

• Miku Matsunaga, The University of Tokyo

• Daiji Kawaguchi, Graduate School of Economics, University of Tokyo