New research merges income registry data with representative voter surveys to offer a clearer picture of economic voting. Examining three central topics in the field—pocketbook versus sociotropic voting, partisan bias effects on economic evaluations, and voter myopia—the study finds voters' national and personal financial concerns are intertwined.
Using matched datasets reveals:
* Pocketbook vs Sociotropic: Surveyed 'national economy'-focused voters also prioritized their personal financial conditions.
* Partisan Bias & Economic Info: Both partisan influence and economic reality affect voter evaluations, but separating them requires personal economic data.
* Voter Myopia Reconsidered: Contrary to experiments and historical aggregate data, actual personal income records show little evidence of voters being myopic about their financial situation.
This analysis underscores the need for granular, individual-level economic data when studying how voters translate financial conditions into electoral choices.