New research challenges claims that austerity policies were surprisingly popular during the Great Recession. This article analyzes monthly public support data from fifteen European countries, treating austerity packages as intervention variables within established time-series analysis methods.
Data & Methods: ‽ Pooling opinion polls over 15 years in Europe to track changes around specific austerity interventions
Key Findings: ※ Analysis reveals average negative impacts on incumbent parties despite previous claims of popularity; Effects are cumulative and significant under certain conditions
Context Matters: ‼️ The magnitude varies based on key factors including rising unemployment, external creditor involvement (like the EU or IMF), and high protest activity levels
Implications: ➤ This nuanced perspective offers a more realistic understanding of austerity politics during economic crises.
| The Effect of Austerity Packages on Government Popularity during the Great Recession was authored by Abel Bojar, Björn Bremer, Hanspeter Kriesi and Chendi Wang. It was published by Cambridge in BJPS in 2022. |
