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Did Austerity Cause Brexit?. (2018). Fetzer, Thiemo.
In: The Warwick Economics Research Paper Series (TWERPS).
RePEc:wrk:warwec:1170.

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  1. Did the policy response to the energy crisis cause crime? Evidence from England. (2023). Fetzer, Thiemo.
    In: The Warwick Economics Research Paper Series (TWERPS).
    RePEc:wrk:warwec:1459.

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  2. Did the policy response to the energy crisis cause crime? Evidence from England. (2023). Fetzer, Thiemo.
    In: CAGE Online Working Paper Series.
    RePEc:cge:wacage:662.

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  3. Who Cares? Attitudes Towards Redistribution and Fiscal Austerity. (2021). Sas, Willem ; Papoutsaki, Dafni ; Moro, Mirko ; Brown, Sarah ; Kontonikas, Alexandros ; Montagnoli, Alberto.
    In: CESifo Working Paper Series.
    RePEc:ces:ceswps:_9393.

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  4. Will Brexit Age Well? Cohorts, Seasoning and the Age–Leave Gradient: On the Evolution of UK Support for the European Union. (2021). Thwaites, Gregory ; Mari, Rebecca ; Eichengreen, Barry.
    In: Economica.
    RePEc:bla:econom:v:88:y:2021:i:352:p:1130-1143.

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  5. Subsidizing the spread of COVID19 : Evidence from the UK’s Eat-Out to-Help-Out scheme. (2020). Fetzer, Thiemo.
    In: The Warwick Economics Research Paper Series (TWERPS).
    RePEc:wrk:warwec:1310.

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  6. Measuring the Regional Economic Cost of Brexit: Evidence up to 2019. (2020). Fetzer, Thiemo ; Wang, Shizhou.
    In: The Warwick Economics Research Paper Series (TWERPS).
    RePEc:wrk:warwec:1280.

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  7. The Brexit referendum and the rise in hate crime; conforming to the new norm. (2020). Albornoz, Facundo ; Sonderegger, Silvia ; Bradley, Jake.
    In: Discussion Papers.
    RePEc:not:notnic:2020-06.

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  8. The Brexit referendum and the rise in hate crime; conforming to the new norm. (2020). Albornoz, Facundo ; Sonderegger, Silvia ; Bradley, Jake.
    In: Discussion Papers.
    RePEc:not:notcdx:2020-12.

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  9. Economic growth and political extremism. (2020). Brückner, Markus ; Bruckner, Markus ; Gruner, Hans Peter.
    In: Public Choice.
    RePEc:kap:pubcho:v:185:y:2020:i:1:d:10.1007_s11127-019-00745-w.

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  10. Subsidizing the spread of COVID19: Evidence from the UKs Eat-Out-to-Help-Out scheme. (2020). Fetzer, Thiemo.
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:15416.

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  11. Measuring the Regional Economic Cost of Brexit: Evidence up to 2019. (2020). Fetzer, Thiemo ; Wang, Shizhuo.
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:15051.

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  12. Measuring the Regional Economic Cost of Brexit: Evidence up to 2019. (2020). Fetzer, Thiemo ; Wang, Shizhuo.
    In: CAGE Online Working Paper Series.
    RePEc:cge:wacage:486.

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  13. Brexit, the NHS and the double-edged sword of populism: Contributor to agonistic democracy or vehicle of ressentiment?. (2019). Bommel, Van ; Hensmans, Manuel.
    In: ULB Institutional Repository.
    RePEc:ulb:ulbeco:2013/291153.

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  14. Cultural attitudes, economic shocks and political radicalization. (2019). Tubadji, Annie ; Nijkamp, Peter.
    In: The Annals of Regional Science.
    RePEc:spr:anresc:v:62:y:2019:i:3:d:10.1007_s00168-019-00906-1.

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  15. Brexit: €˜Revolt€™ against the €˜elites€™ or Trojan horse for more deregulation?. (2019). Semmens-Wheeler, Rebecca ; Hill, Kimberley ; Rowe, Jay ; Arana, Arantza Gomez ; de Ruyter, Alex.
    In: The Economic and Labour Relations Review.
    RePEc:sae:ecolab:v:30:y:2019:i:4:p:498-512.

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  16. La destra populista in Europa: una prospettiva economica (The populist right in Europe: An economic perspective). (2019). Corsi, Marcella ; Botti, Fabrizio.
    In: Moneta e Credito.
    RePEc:psl:moneta:2019:24.

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  17. Explaining low economic return on road investments. New evidence from Norway. (2019). Halse, Askill ; Fridstrom, Lasse.
    In: MPRA Paper.
    RePEc:pra:mprapa:94389.

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  18. The Fall in Potential Output due to the Financial Crisis: A Much Bigger Estimate for the UK. (2019). Crafts, Nicholas.
    In: Comparative Economic Studies.
    RePEc:pal:compes:v:61:y:2019:i:4:d:10.1057_s41294-019-00094-z.

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  19. Populist Voting and Losers’ Discontent: Does Redistribution Matter?. (2019). de Blasio, Guido ; Barone, Guglielmo ; Albanese, Giuseppe.
    In: Marco Fanno Working Papers.
    RePEc:pad:wpaper:0239.

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  20. The Brexit vote, productivity growth and macroeconomic adjustments in the United Kingdom. (2019). Tenreyro, Silvana ; Harrison, Richard ; Drechsel, Thomas ; Di Pace, Federico ; Broadbent, Ben.
    In: Discussion Papers.
    RePEc:mpc:wpaper:0051.

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  21. Deglobalization 2.0. (2019). , Peter.
    In: Books.
    RePEc:elg:eebook:18560.

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  22. Can money buy EU love?. (2019). Tunali, Cigdem ; Hulényi, Martin ; Fidrmuc, Jan ; Hulenyi, Martin.
    In: European Journal of Political Economy.
    RePEc:eee:poleco:v:60:y:2019:i:c:s0176268018304555.

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  23. Who voted for Brexit? Individual and regional data combined. (2019). Novy, Dennis ; Fetzer, Thiemo ; Becker, Sascha ; Alabrese, Eleonora.
    In: European Journal of Political Economy.
    RePEc:eee:poleco:v:56:y:2019:i:c:p:132-150.

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  24. Was Brexit triggered by the old and unhappy? Or by financial feelings?. (2019). Proto, Eugenio ; Oswald, Andrew ; Liberini, Federica ; Redoano, Michela.
    In: Journal of Economic Behavior & Organization.
    RePEc:eee:jeborg:v:161:y:2019:i:c:p:287-302.

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  25. The Brexit Vote, Productivity Growth and Macroeconomic Adjustments in the United Kingdom. (2019). Tenreyro, Silvana ; Harrison, Richard ; Drechsel, Thomas ; Di Pace, Federico ; Broadbent, Ben.
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:13993.

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  26. Tariffs and Politics: Evidence from Trumps Trade Wars. (2019). Schwarz, Carlo ; Fetzer, Thiemo.
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:13579.

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  27. The Fall in UK Potential Output due to the Financial Crisis: a Much Bigger Estimate. (2019). Crafts, Nicholas.
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:13428.

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  28. Tariffs and Politics: Evidence from Trump’s Trade Wars. (2019). Schwarz, Carlo ; Fetzer, Thiemo.
    In: CAGE Online Working Paper Series.
    RePEc:cge:wacage:407.

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  29. The Fall in UK Potential Output due to the Financial Crisis: a Much Bigger Estimate. (2019). Crafts, Nicholas ; Author-Workplace, Nicholas.
    In: CAGE Online Working Paper Series.
    RePEc:cge:wacage:399.

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  30. The Brexit Vote, Productivity Growth and Macroeconomic Adjustments in the United Kingdom. (2019). Tenreyro, Silvana ; Harrison, Richard ; Drechsel, Thomas ; Di Pace, Federico ; Broadbent, Ben.
    In: Discussion Papers.
    RePEc:cfm:wpaper:1916.

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  31. Tariffs and politics: evidence from Trumps trade wars. (2019). Schwarz, Carlo ; Fetzer, Thiemo.
    In: CESifo Working Paper Series.
    RePEc:ces:ceswps:_7553.

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  32. Collective Emotions and Protest Vote. (2019). Passarelli, Francesco ; Altomonte, Carlo ; Gennaro, Gloria.
    In: CESifo Working Paper Series.
    RePEc:ces:ceswps:_7463.

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  33. The Economic Analysis of Populism. A Selective Review of the Literature. (2019). Ocampo, Emilio.
    In: CEMA Working Papers: Serie Documentos de Trabajo..
    RePEc:cem:doctra:694.

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  34. COLLECTIVE EMOTIONS AND PROTEST VOTE. (2019). Passarelli, Francesco ; Altomonte, Carlo ; Gennaro, Gloria.
    In: BAFFI CAREFIN Working Papers.
    RePEc:baf:cbafwp:cbafwp19107.

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  35. Monetary Policy and Wealth Inequalities in Great Britain: Assessing the role of unconventional policies for a decade of household data. (2019). Fasianos, Apostolos ; Evgenidis, Anastasios.
    In: Papers.
    RePEc:arx:papers:1912.09702.

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  36. Who Voted for Brexit? Individual and Regional Data Combined. (2018). Novy, Dennis ; Fetzer, Thiemo ; Becker, Sascha ; Alabrese, Eleonora.
    In: The Warwick Economics Research Paper Series (TWERPS).
    RePEc:wrk:warwec:1172.

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  37. Economic history and contemporary challenges to globalization.. (2018). O'Rourke, Kevin Hjortshj.
    In: Oxford Economic and Social History Working Papers.
    RePEc:oxf:esohwp:_167.

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  38. Economic History and Contemporary Challenges to Globalization. (2018). O'Rourke, Kevin.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:25364.

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  39. Will Brexit Age Well? Cohorts, Seasoning and the Age-Leave Gradient, Past, Present and Future. (2018). Thwaites, Gregory ; Mari, Rebecca ; Eichengreen, Barry.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:25219.

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  40. Economic history and contemporary challenges to globalization. (2018). O'Rourke, Kevin.
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:13377.

    Full description at Econpapers || Download paper

  41. Will Brexit Age Well? Cohorts, Seasoning and the Age-Leave Gradient, Past, Present and Future. (2018). Thwaites, Gregory ; Mari, Rebecca ; Eichengreen, Barry.
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:13288.

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  42. Who Voted for Brexit? Individual and Regional Data Combined. (2018). Novy, Dennis ; Fetzer, Thiemo ; Becker, Sascha ; Alabrese, Eleonora.
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:13110.

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  43. Who is NOT voting for Brexit anymore?. (2018). Fetzer, Thiemo ; Alabrese, Eleonora.
    In: CAGE Online Working Paper Series.
    RePEc:cge:wacage:394.

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  44. Who Voted for Brexit? Individual and Regional Data Combined. (2018). Novy, Dennis ; Fetzer, Thiemo ; Becker, Sascha ; Alabrese, Eleonora.
    In: CAGE Online Working Paper Series.
    RePEc:cge:wacage:384.

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  45. Who is NOT Voting for Brexit Anymore?. (2018). Fetzer, Thiemo ; Alabrese, Eleonora.
    In: CESifo Working Paper Series.
    RePEc:ces:ceswps:_7389.

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  46. Who Voted for Brexit? Individual and Regional Data Combined. (2018). Novy, Dennis ; Fetzer, Thiemo ; Becker, Sascha ; Alabrese, Eleonora.
    In: CESifo Working Paper Series.
    RePEc:ces:ceswps:_7193.

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  47. Will Brexit Age well? Cohorts, Seasoning and the Age-Leave Gradient, Past, Present and Future. (2018). Thwaites, Gregory ; Mari, Rebecca ; Eichengreen, Barry.
    In: BAFFI CAREFIN Working Papers.
    RePEc:baf:cbafwp:cbafwp1894.

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References

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  34. Empirical specification I build on our previous analysis that documents that UKIP’s electoral ascent post 2010 is driven by places with weak economic fundamentals.
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  35. Figure 1: UKIP Election Result in 2014 EP elections and EU referendum vote leave.
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  36. Figure 2: UKIP vote share in the EP elections in 2004, 2014 and the Leave share in the 2016 EU referendum Panel A: UKIP vote in 2004 Panel B: UKIP Vote in 2014 Panel C: Leave share Notes: This map displays the UKIP vote share in the European Parliamentary elections in 2004 and 2014 in Panel A and B, and the share of the electorate that voted leave in the 2016 EU referendum across local authority districts in Panel C.
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  37. Figure 4: Aggregate real government spending per capita over time across three broad spending categories across the different tiers of government Notes: Figure plots real aggregate spending per capita using data from HMRC for the years between 2000-2015. Aggregate totals are divided by total population from the National Office of Statistics and the annual CPI with 2015 being the base year. The four series account for – on average – account for 68% of government spending over the sample period.
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  38. Figure A3: Effect of Austerity on Local Area Gross Value Added per capita Notes: The dependent variable is the log value of the gross value added per working age adult in a local authority area between 2000 to 2015. The graph plots point estimates of the interaction between the overall simulated local authority area austerity incidence and a set of year fixed effects. All regression include local authority district fixed effects and NUTS1 region by year fixed effects. Standard errors are clustered at the district level with 90% confidence bands indicated. Figure A4: Support for Leave in EU referendum by respondent’s political party preference Notes: The plot presents sample averages of Leave support in Wave 8 of the USOC survey by the respondents expressed political support for UKIP, the Conservatives, Labour or the Liberal Democrats.
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  39. Figure C4: Non-parametric effect of socio-economic employment status of the resident population in 2001 on support for UKIP over time Panel A: Long term unemployed Panel B : Routine job Panel C: Semi-routine Panel D: Lower supervisory Panel E: Student Panel F: Lower management Panel G: Higher professional Panel H: Higher management Notes: The variable is the respective share of the resident population in a district that is in either socio-economic status classification as of 2001. The graph plots point estimates of the interaction between these cross sectional measures and a set of year fixed effects. All regression include local authority district fixed effects and NUTS1 region by year fixed effects. Standard errors are clustered at the district level with 90% confidence bands indicated.
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  40. Figure C6: Non-parametric effect of socio-economic employment status of the resident population in 2001 on support for UKIP over time Panel A: Long term unemployed Panel B : Routine job Panel C: Semi-routine Panel D: Lower supervisory Panel E: Student Panel F: Lower management Panel G: Higher professional Panel H: Higher management Notes: The variable is the respective share of the resident population in a district that is in either socio-economic status classification as of 2001. The graph plots point estimates of the interaction between these cross sectional measures and a set of year fixed effects. All regression include local authority district fixed effects and NUTS1 region by year fixed effects. Standard errors are clustered at the district level with 90% confidence bands indicated.
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  41. Figure C7: Non-parametric effect of the industry employment structure in 2001 on support for UKIP over time Panel A: Education Panel B: Real Estate Panel C: Retail Panel D: Transport Panel E: Construction Panel F: Manufacturing Panel G: Hotel & Accommodation Panel H: Health care Notes: The dependent variable is the percentage of votes for UKIP in local council elections. The independent variables are the respective shares of the resident working age population in a district that is working in any of the different sectors as of 2001 interacted with a set of year fixed effects. All regression include local authority district fixed effects and NUTS1 region by year fixed effects. Standard errors are clustered at the district level with 90% confidence bands indicated.
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  56. I obtain very similar results when studying the performance of UKIP and the other parties in the European Parliamentary election of 2014 (relative to the earlier rounds) and the 2015 Westminster election (relative to the 2001, 2005 and 2010 elections). These results are presented in Appendix Tables C2 and C3.
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  57. I restrict the analysis to the two local election rounds in 2011 and 2012 and present the results in Table C4. The pattern is similar, but also suggests some distinct differences. We find the same positive link between weak socio-economic fundamentals and UKIP votes after 2010. It is statistically significant for two of the four indicators of weak socio-economic fundamentals: for the share of the resident population with low qualification and for the prevalence of retail employment.
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  59. In terms of voting system, England and Wales use First Past the Post, while the Single Transferable Vote system is used in Scotland and Northern Ireland. In the analysis, a system of elections every four years starting in 2000 is treated separately from a system with elections every four years starting in 2000. Thus, all additional variation is taken into account with “election wave” fixed effects, which control for differences between authorities with different elections structures and sequences.
    Paper not yet in RePEc: Add citation now
  60. Inglehart, R. and P. Norris (2016). Trump, Brexit, and the Rise of Populism: Economic Have-Nots and Cultural Backlash. SSRN Electronic Journal.

  61. Innes, D. and G. Tetlow (2015). Delivering Fiscal Squeeze by Cutting Local Government Spending. Fiscal Studies 36(3), 303–325.

  62. It contains comprehensive data on local government elections since 1973. Since 1999, there have been several changes in local government structure, and these have been accounted for in constructing the panel.
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  63. Krugman, P. and A. Venables (1995). Globalization and the Inequality of Nations. Quarterly Journal of Economics 110(4), 2–4.

  64. Lemieux, T. (2006). Increasing Residual Wage Inequality: Composition Effects, Noisy Data, or Rising Demand for Skill? American Economic Review 96(3), 461– 498.

  65. Lynch, P. and R. Whitaker (2013). Rivalry on the right: The Conservatives, the UK Independence Party (UKIP) and the EU issue. British Politics 8(3), 285–312.
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  66. Mayda, A. M., G. Peri, and W. Steingress (2016). Immigration To the U.S.: a Problem for the Republicans or the Democrats? NBER Working Paper Series 21941(9543).

  67. Moretti, E. (2010). Local Multipliers. American Economic Review 100(2), 373–377.

  68. Myatt, D. P. (2017). A Theory of Protest Voting. Economic Journal 127(603), 1527– 1567.

  69. Notes: The R-squared of a univariate cross-sectional regression of support for Leave and UKIP vote share in the 2014 elections is 75%, and the point estimate is a near straight line with an intercept of 15 percentage points, suggesting that UKIP EP vote share plus 15% does a reasonably good job predicting the EU referendum vote share for Leave.
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  70. On the timing Since the EU referendum was already announced in January 2013, it becomes interesting to see whether the link between weak socio-economic fundamentals and UKIP votes is already present in the data prior to the announcement, in particular up to the 2012 local council elections that were held in May 2012.
    Paper not yet in RePEc: Add citation now
  71. Ottaviano, G. I. P. and G. Peri (2012). Rethinking the Effects of Immigration on Wages. Journal of the European Economic Association 10(1), 152–197.

  72. Panel A: Overall austerity shock Panel B: Council Tax Benefit Panel C: Disability living allow. Panel D: Bedroom Tax Notes: The dependent variable is the percentage of votes for UKIP in European Parliamentary elections of 2004, 2009 and 2014 at the district level. The graph plots point estimates of the interaction between the simulated incidence of the austerity measures and a set of year fixed effects with 2009 being the omitted year. All regression include district fixed effects and NUTS1 region by year fixed effects. Standard errors are clustered at the district level with 90% confidence bands indicated.
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  73. Panel A: Overall austerity shock Panel B: Council Tax Benefit Panel C: Disability living allow. Panel D: Bedroom Tax Notes: The dependent variable is the percentage of votes for UKIP in Westminster elections across the 570 harmonized constituencies in the 2001, 2005, 2010 and 2015 Westminster elections. The graph plots point estimates of the interaction between the simulated incidence of the austerity measures and a set of year fixed effects with 2010 as omitted year. All regression include constituency fixed effects and NUTS1 region by year fixed effects. Standard errors are clustered at the constituency level with 90% confidence bands indicated. Figure A2: Non-parametric effect of austerity on support for UKIP overall and by individual measures studying European elections.
    Paper not yet in RePEc: Add citation now
  74. Piketty, T. (2018). Brahmin Left vs Merchant Right: Rising Inequality and the Changing Structure of Political Conflict, Evidence from France & the US, 19482017.

  75. Ponticelli, J. and H.-J. Voth (2017). Austerity and Anarchy: Budget Cuts and Social Unrest in Europe, 1919-2008. mimeo.

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  78. Rodrik, D. (2016). Premature deindustrialization. Journal of Economic Growth 21(1), 1–33.

  79. Rogerson, R. (2008). Structural Transformation and the Deterioration of European Labor Market Outcomes. Journal of Political Economy 116(2), 235–259.

  80. Scheve, K. and M. J. Slaughter (2004). Economic Insecurity and the Globalization of Production. American Journal of Political Science 48(4), 662–674.

  81. Scheve, K. F. and M. J. Slaughter (2001a). Labor Market Competition and Individual Preferences Over Immigration Policy. Review of Economics and Statistics 83(1), 133–145.
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  82. Scheve, K. F. and M. J. Slaughter (2001b). What determines individual trade-policy preferences? Journal of International Economics 54(2), 267–292.
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  83. Spolaore, E. (2013). What Is European Integration Really About? A Political Guide for Economists. Journal of Economic Perspectives 27(3), 125–144.

  84. Steinmayr, A. (2016). Contact Matters: Exposure to Refugees and Voting for the Far-Right. mimeo (April).

  85. Stiglitz, J. (2002). Globalization and its Discontents. Penguin.
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  86. Stolper, W. F. and P. A. Samuelson (1941). Protection and Real Wages. The Review of Economic Studies 9(1), 58–73.

  87. There are some differences in the effects on other parties: while the Conservative party appears to be contracting in such areas, the Labour party, along with UKIP actually stands to gain. This suggests that prior to the EU referendum announcement, in local elections, a growing support for UKIP is associated with a worse performance for the Conservatives and a better performance for Labour in areas with weak fundamentals, suggesting that the perceived threat of UKIP, increasing the risk of a shift towards Labour may have been particularly strongly perceived in the run up to the January 2013 announcement.
    Paper not yet in RePEc: Add citation now
  88. There is no statistically discernible effect on turnout, suggesting that places with weak socio-economic fundamentals post 2010 saw no differential voter mobilization from which UKIP could have benefited. If anything, the point estimates are negative throughout.
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  89. This analysis suggests that the Conservative party, in local elections, was losing non-negligible numbers of voters to UKIP. This is not surprising, as Conservative councillors defected to UKIP quite regularly (Webb and Bale, 2014).
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  90. Voigtländer, N. and H. Voth (2017). Highway to Hitler. NBER Working Paper.
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  91. Webb, P. and T. Bale (2014). Why do tories defect to ukip? Conservative party members and the temptations of the populist radical right. Political Studies 62(4), 961–970.
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  2. The Path to College Education: The Role of Math and Verbal Skills. (2019). Aucejo, Esteban ; James, Jonathan.
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  3. Income Inequality and Oligarchs in Russian Regions: A Note. (2017). Fidrmuc, Jarko ; Gundacker, Lidwina.
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  11. Overqualification, Job Dissatisfaction, and Increasing Dispersion in the Returns to Graduate Education. (2008). Zhu, Yu ; Green, Francis.
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  23. The Direction of Technical Change in Capital-Resource Economies. (2006). Valente, Simone ; Di Maria, Corrado.
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  28. On the Evolution of Wage Inequality in Acemoglu’s Model of Directed Technical Change. (2005). Weiss, Matthias.
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  39. The lost race between schooling and technology. (2003). Jacobs, Bas.
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  43. Why the Kuznets Curve will always Reverse ?. (2001). Lehmann, Etienne ; Crifo, Patricia.
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  44. Skill imbalances in the UK labour market: 1979-99. (2001). Burriel, Pablo ; Thomas, Jonathan.
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  46. Evidence to the Cubie Inquiry on Student Tuition Fees. (2000). Bell, David.
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  47. Technological Change, the Labor Market and the Stock Market. (2000). Manuelli, Rodolfo.
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  48. Organization, skill and technology: evidence from a panel of British and French establishments. (1999). van Reenen, John ; Caroli, Eve.
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  49. From indoctrination to the culture of change: technological progress, adaptive skills, and the creativity of nations. (1999). Owen, Ann ; Iyigun, Murat.
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  50. Human Capital and Productivity in US Cities. (). Peri, Giovanni.
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