Fairly Recently: Must- and Should-Reads, and Writings... (December 2, 2018)

Thiemo Fetzer: Did Austerity Cause Brexit?: "The rise of popular support for... UKIP... strongly and causally associated with an individual’s or an area’s exposure to austerity since 2010...

...Exploiting data from the population of all electoral contests in the UK since 2000... detailed individual level panel data... within-individual variation in exposure to specific rules-based welfare reforms as well as broader measures of political preferences.... Austerity-induced welfare reforms... activated existing economic grievances.... Underlying economic grievances have broader origins than what the current literature on Brexit suggests. Up until 2010, the UK’s welfare state evened out growing income differences across the skill divide through transfer payments. This pattern markedly stops from 2010 onwards as austerity started to bite...


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