Paper of the Day: Joblessness and Perceptions about the Effectiveness of Democracy

Using micro data on more than 130,000 individuals from 69 countries, we analyze the extent to which joblessness of the individuals and the prevailing unemployment rate in the country impact perceptions of the effectiveness of democracy. We find that personal joblessness experience translates into negative opinions about the effectiveness of democracy and it increases the desire for a rouge leader. Evidence from people who live in European countries suggests that being jobless for more than a year is the source of discontent. We also find that well-educated and wealthier individuals are less likely to indicate that democracies are ineffective, regardless of joblessness. People’s beliefs about the effectiveness of democracy as system of governance are also shaped by the unemployment rate in countries with low levels of democracy. The results suggest that periods of high unemployment and joblessness could hinder the development of democracy or threaten its existence.

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Questa voce è stata pubblicata in Economics. Contrassegna il permalink.

3 risposte a Paper of the Day: Joblessness and Perceptions about the Effectiveness of Democracy

  1. lorenzobiondi ha detto:

    REALLY??? :PBtw, I just found a quote by Prodi, back in the days, about unemployment and inflation, and the Phillip curve's failure… Remind me to send it to you

  2. lorenzobiondi ha detto:

    REALLY???:PBtw, I just found an article written by Prodi back in the days, pretty neoliberal, about inflation and unemployment, and the failure of the Phillip curve… Remind me to send it to you! 🙂

  3. Raffaele Saggio ha detto:

    I've just commented Prodi's article in your blog 😀

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