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Why Austerity? The Mass Politics of a Contested Policy

Bibliographic Data

ID3333855
AuthorsKirk Bansak (0000-0003-0229-9694, University of California, corresponding author), Michael M Bechtel (0000-0002-6080-5367, Washington University in St. Louis, corresponding author), Yotam Margalit (0000-0002-9589-8487, Tel Aviv University, corresponding author)
Year2021
Volume115
Issue2
Pages486-505
Publication date2021-05-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueAmerican Political Science Review (JOURNAL)
Journal identifiersISSN: 0003-0554 • E-ISSN: 1537-5943
PublisherCambridge University Press (CUP) (PUBLISHER)
DOI10.1017/s0003055420001136
OpenAlexW3134242233
LanguageEN
Citations received50
References cited45

The effects of austerity in response to financial crises are widely contested and assumed to cause significant electoral backlash. Nonetheless, governments routinely adopt austerity when confronting economic downturns and swelling deficits. We explore this puzzle by distinguishing public acceptance of austerity as a general approach and support for specific austerity packages. Using original survey data from five European countries, we show that austerity is in fact the preferred response among most voters. We develop potential explanations for this surprising preference and demonstrate the empirical limitations of accounts centered on economic interests or an intuitive framing advantage. Instead, we show that the preference for austerity is highly sensitive to its political backers and precise composition of spending cuts and tax hikes. Using a novel approach to estimate support for historical austerity programs, we contend that governments' strategic crafting of policy packages is a key factor underlying the support for austerity

Austerity · Backlash · Economics · Framing (construction · Geography · Political economy · Political science · Politics · Fiscal Policies and Political Economy · Housing, Finance, and Neoliberalism · Social Policy and Reform Studies

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Unique citing works50
Citations per year12,5
Citation span2022 - 2026 (5)
Citation velocitycurrent
Highly citedNo
Citation typesNeutral: 50

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