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Rain, Emotions and Voting for the Status Quo

Meier, Armando N. and Schmid, Lukas and Stutzer, Alois. (2019) Rain, Emotions and Voting for the Status Quo. European Economic Review, 119 (C). pp. 434-451.

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Official URL: https://edoc.unibas.ch/73440/

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Abstract

Do emotions affect the decision between change and the status quo? We exploit exogenous variation in emotions caused by rain and analyze data on more than 870,000 municipal vote outcomes in Switzerland to address this question. The empirical tests are based on administrative ballot outcomes and individual postvote survey data. We find that rain decreases the share of votes for political change. Our robustness checks suggest that this finding is not driven by changes in the composition of the electorate and changes in information acquisition. In addition, we provide evidence that rain might have altered the outcome of several high-stake votes. We discuss the psychological mechanism and document that rain reduces the willingness to take risks, a pattern that is consistent with the observed reduction in the support for change.
Faculties and Departments:06 Faculty of Business and Economics > Departement Wirtschaftswissenschaften > Professuren Wirtschaftswissenschaften > Politische ├ľkonomie (Stutzer)
UniBasel Contributors:Stutzer, Alois and Meier, Armando Nicolas
Item Type:Article, refereed
Article Subtype:Research Article
Publisher:Elsevier
ISSN:0014-2921
e-ISSN:1873-572X
Note:Publication type according to Uni Basel Research Database: Journal article
Identification Number:
Last Modified:03 Apr 2020 18:00
Deposited On:03 Apr 2020 18:00

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