Objective
How do individuals insure themselves against economic shocks, as consumers and savers on their own, and as voters, through the political process? The recent financial and economic crisis has seen people lose their jobs and their housing equity, partly as a result of insufficient economic buffers in good times. What does this mean for social insurance? We need to understand the connection between household finances and political attitudes to social insurance and redistribution, both in good times and in bad.
I argue that in order to understand the political economy of redistribution and social insruance, we need to allow for imperfect asset markets in the form of liquidity (or credit) constraints and for asset holdings, including housing equity.
The goal of the project is to investigate theoretically and empirically on Danish data (i) how differences in liquidity constraints affect political attitudes and preferences; (ii) where such differences come from and what that means for understanding links between personal traits and personality, socio-economics and political attitudes and behaviour; (iii) how these insights can be used to understand political attitudes towards the new wave of neo-paternalistic policies (including so-called ‘nudging’) inspired by behavioural economic research; and (iv) whether differences in liquidity constraints can help us understand changes in political attitudes and preferences over the long-run.
The central empirical part of the project is to link uniquely detailed individual level high quality data from Danish administrative registers - including current and historical data on all tax-declared income sources, bank deposits, assets and liabilities, as well as detailed demographics, educational and occupational data - to a running, large-scale panel survey of a large random sample of adult Danes, and to extend this survey both in time and in scope, specifically with questions on political attitudes and political preferences.
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
- social sciences economics and business economics monetary and finances
- social sciences economics and business business and management employment
- social sciences economics and business economics political economy
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Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Topic(s)
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
ERC-2012-StG_20111124
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Funding Scheme
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Host institution
1165 KOBENHAVN
Denmark
The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.