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(Economic) voting before and in a crisis (economic and political): The Icelandic Elections 2007 and 2009

Title(Economic) voting before and in a crisis (economic and political): The Icelandic Elections 2007 and 2009
Publication TypeConference Paper
Year of Publication2013
AuthorsOnnudottir, Eva Heida, and Olafur Th. Hardarson
Conference Name2nd European Conference on Comparative Electoral Research
KeywordsEconomic crisis, Economic voting, left-right distance, Party Identification, party sympathy, political crisis
Abstract

The global credit crunch 2008 paralysed the Icelandic economy and it was on the first countries to be bailed out by the International Monetary Fund. A political crisis followed and in 2009 an early election was held. The economic as well as the political crisis are now considered as landmark events in the country’s democratic history. In this paper we distinguish between the effects of the economic crisis and of the political crisis on vote choice. Using data from the Icelandic National Election Study (ICENES) we find that economic matters were indeed important in the 2009 election, and did increase after the economic recession. We also find that voters’ psychological and ideological attachment to parties did have a lesser effect on the vote in 2009 compared to 2007. We argue that it did so because of the political crisis in Iceland, which seems to this day still having considerable effects on Icelandic politics.

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