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Was Brexit triggered by the old and unhappy? Or by financial feelings?

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Was Brexit triggered by the old and unhappy? Or by financial feelings? / Liberini, Federica; Oswald, Andrew J.; Proto, Eugenio; Redoano, Michela.

In: Journal of Economic Behavior and Organization, Vol. 161, 01.05.2019, p. 287-302.

Research output: Contribution to journalArticle

Harvard

Liberini, F, Oswald, AJ, Proto, E & Redoano, M 2019, 'Was Brexit triggered by the old and unhappy? Or by financial feelings?', Journal of Economic Behavior and Organization, vol. 161, pp. 287-302. https://doi.org/10.1016/j.jebo.2019.03.024

APA

Liberini, F., Oswald, A. J., Proto, E., & Redoano, M. (2019). Was Brexit triggered by the old and unhappy? Or by financial feelings? Journal of Economic Behavior and Organization, 161, 287-302. https://doi.org/10.1016/j.jebo.2019.03.024

Vancouver

Liberini F, Oswald AJ, Proto E, Redoano M. Was Brexit triggered by the old and unhappy? Or by financial feelings? Journal of Economic Behavior and Organization. 2019 May 1;161:287-302. https://doi.org/10.1016/j.jebo.2019.03.024

Author

Liberini, Federica ; Oswald, Andrew J. ; Proto, Eugenio ; Redoano, Michela. / Was Brexit triggered by the old and unhappy? Or by financial feelings?. In: Journal of Economic Behavior and Organization. 2019 ; Vol. 161. pp. 287-302.

Bibtex

@article{f4365b73aa7045a3b0b0c1eba1a2c847,
title = "Was Brexit triggered by the old and unhappy? Or by financial feelings?",
abstract = "On 23 June 2016, the United Kingdom voted in favour of ‘Brexit’. This paper is an attempt to understand why. It examines the micro-econometric predictors of anti-EU sentiment. The paper provides the first evidence for the idea that a key channel of influence was through a person’s feelings about his or her own financial situation. By contrast, the paper finds relatively little regression-equation evidence for the widely discussed idea that Brexit was favoured by the old and the unhappy. The analysis shows that UK citizens’ feelings about their incomes were a substantially better predictor of pro-Brexit views than their actual incomes. This seems an important message for economists, because the subject of economics has typically avoided the study of human feelings in favour of ‘objective’ data.",
keywords = "Discontent, European Union, Happiness, Referendum, Satisfaction, Voting",
author = "Federica Liberini and Oswald, {Andrew J.} and Eugenio Proto and Michela Redoano",
year = "2019",
month = "5",
day = "1",
doi = "10.1016/j.jebo.2019.03.024",
language = "English",
volume = "161",
pages = "287--302",
journal = "Journal of Economic Behavior and Organization",
issn = "0167-2681",
publisher = "Elsevier",

}

RIS - suitable for import to EndNote

TY - JOUR

T1 - Was Brexit triggered by the old and unhappy? Or by financial feelings?

AU - Liberini, Federica

AU - Oswald, Andrew J.

AU - Proto, Eugenio

AU - Redoano, Michela

PY - 2019/5/1

Y1 - 2019/5/1

N2 - On 23 June 2016, the United Kingdom voted in favour of ‘Brexit’. This paper is an attempt to understand why. It examines the micro-econometric predictors of anti-EU sentiment. The paper provides the first evidence for the idea that a key channel of influence was through a person’s feelings about his or her own financial situation. By contrast, the paper finds relatively little regression-equation evidence for the widely discussed idea that Brexit was favoured by the old and the unhappy. The analysis shows that UK citizens’ feelings about their incomes were a substantially better predictor of pro-Brexit views than their actual incomes. This seems an important message for economists, because the subject of economics has typically avoided the study of human feelings in favour of ‘objective’ data.

AB - On 23 June 2016, the United Kingdom voted in favour of ‘Brexit’. This paper is an attempt to understand why. It examines the micro-econometric predictors of anti-EU sentiment. The paper provides the first evidence for the idea that a key channel of influence was through a person’s feelings about his or her own financial situation. By contrast, the paper finds relatively little regression-equation evidence for the widely discussed idea that Brexit was favoured by the old and the unhappy. The analysis shows that UK citizens’ feelings about their incomes were a substantially better predictor of pro-Brexit views than their actual incomes. This seems an important message for economists, because the subject of economics has typically avoided the study of human feelings in favour of ‘objective’ data.

KW - Discontent

KW - European Union

KW - Happiness

KW - Referendum

KW - Satisfaction

KW - Voting

UR - http://www.scopus.com/inward/record.url?scp=85064315995&partnerID=8YFLogxK

U2 - 10.1016/j.jebo.2019.03.024

DO - 10.1016/j.jebo.2019.03.024

M3 - Article

VL - 161

SP - 287

EP - 302

JO - Journal of Economic Behavior and Organization

JF - Journal of Economic Behavior and Organization

SN - 0167-2681

ER -