Political Economy Research Seminar
Economic inequality, political polarization and voter turnout
Erika Pini (UCLouvain)
Tuesday 31 January 2023 14:00 - 15:30
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Unless otherwise specified, in-person seminars are open to the public. Please ensure you have informed the event contact as early as possible.
Those unable to join the seminars in-person are welcome to participate via zoom if the event is hybrid.
About this event
Rising economic inequality has often been associated with either increasing political polarization or decreasing voter turnout. The first link has strong empirical support, while for the second one the evidence is mixed. In this paper, I propose a theoretical model of political competition and provide a unified explanation for these trends, by accounting for the interconnections between inequality, polarization and turnout. I show that the direct effect of inequality on turnout is not straightforward. When candidates' polarization is initially low, rising economic inequality tends to decrease turnout; the opposite is true for initially high polarization. However, an increase in inequality also induces candidates to adapt their platforms and increases polarization, which has an indirect effect on participation. Finally, although inequality increases the demand for redistribution in the electorate, because of higher polarization, it may provide an advantage to the candidate who proposes less redistribution.
The Political Economy Research Seminar is jointly organised by the Departments of Economics, of Government, and of Management, with financial support from STICERD.
It brings together scholars across multiple departments at the LSE and from nearby universities. The series consists of talks by external and internal faculty presenting theoretical or empirical papers on a wide range of topics associated with political economy.
These seminars are held on Tuesdays in term time at 14.00-15.30, in room MAR 6.33, unless specified otherwise.
Seminar coordinators: Timothy Besley (Economics), Tak-Huen Chau (Government), Stephane Wolton (Government), Noam Yuchtman (Management)
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