Partisan Politics and Congressional Election Prospects
Evidence from the Iowa Electronic Markets
Bibliographic Data
| ID | 12377095 |
|---|---|
| Authors | Joyce E Berg (0000-0001-7947-5073, University of Iowa, corresponding author), Christopher E Penney (University of Iowa), Thomas A Rietz (0000-0001-9875-4780, University of Iowa) |
| Year | 2015 |
| Volume | 48 |
| Issue | 4 |
| Pages | 573-578 |
| Publication date | 2015-10-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | PS Political Science & Politics (JOURNAL) |
| Journal identifiers | ISSN: 1049-0965 • E-ISSN: 1537-5935 |
| Publisher | Cambridge University Press (CUP) (PUBLISHER) |
| DOI | 10.1017/s1049096515000785 |
| OpenAlex | W2117318108 |
| Language | EN |
| Citations received | 2 |
| References cited | 5 |
Using the Iowa Electronic Markets (IEM), this article assesses the political impact of several important events during the fall of 2013: the US government shutdown, the Senate elimination of filibusters for presidential nominations (i.e., the “nuclear option”), and the implementation of the Patient Protection and Affordable Care Act (i.e., ObamaCare). Did these events have meaningful effects on congressional control prospects in the 2014 election? According to IEM price changes, Republican chances fell dramatically when the government shut down, and they did not recover on resolution. Eliminating filibusters had a negative impact on Democratic chances. Various aspects of the ObamaCare rollout and reporting, as well as new announcements that incumbents would not run for reelection, had little effect. In contrast, the budget resolution reinforced the status quo. Overall, political rhetoric does not appear to affect congressional control prospects. Instead, actions matter: deliberate partisan actions of Congress adversely affect the initiating party’s prospects, whereas bipartisan initiatives help the party that initiates the bipartisan effort
Business · Control (management · Democracy · Divided government · Economics · Government (linguistics · Political economy · Political science · Politics · Presidential election · Presidential system · Public economics · Status quo · Financial Markets and Investment Strategies · Law · Media Influence and Politics · Monetary Policy and Economic Impact · Public Administration
| Unique citing works | 2 |
|---|---|
| Citations per year | 0,4 |
| Citation span | 2021 - 2023 (3) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 1 |