The Determinants of Vote Intentions in Portugal
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This paper offers new insights on theinteractions between economics and politicsin Portugal. We use two unexplored datasets consisting of monthly polls on voteintentions for the main political partiesin Portugal and responses to a consumersurvey containing a battery of questions oneconomic evaluations. The analysis coversthe interval from 1986 to 2001. We findthat: (1) right-wing governments arepenalized for higher inflation while theleft-wing ones are not, (2) left-winggovernments are more penalized forincreases in the unemployment rate; (3)voters base their evaluations ofincumbents' performances on perceptions ofpast and current economic conditions,rather than on expected future economicoutcomes.
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