We combine an econometric analysis of survey data on the relative seriousness of inflation and unemployment with the median voter theorem to derive the equilibrium rate of inflation. If the natural rate of unemployment is 7 percent, then the equilibrium inflation rate is 5.4 percent....
The median voter theorem has long been the default model of voter behavior and candidate choice. While contemporary work on the distribution of political opinion has emphasized polarization and an increasing gap between the “left” and the “right” in democracies, the median voter theorem presents...
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Finally, the amount of redistribution targeted to the middle class is lower in more asymmetric societies, a result that contrasts strongly with the median voter theorem.doi:10.1007/s10888-011-9183-2Francesco ScerviniDepartment of Economics Business and Statistics University of Milan Via Conservatorio ...
The median voter theorem is one of the most prominent results of formal political theory and economics, and is widely used to study interactions between them. The median voter is the person in the middle of the distribution on the single dimension and is a more accurate predictor of decision ...
Reasonable intuitive interpretation of results indicates that the median voter hypothesis is supported in prefectural finances, and that voter preference affects the outcome of gubernatorial elections, i.e., a governor's reelection probability, by estimating a probit model. When considering the ...
The elusive median voter, Journal of Public Economics: T. Romer and H. Rosenthal vol. 12, no. 2 (October 1979) pp. 143-170doi:10.1016/0047-2727(80)90028-6NoneELSEVIERJournal of Public Economics
We discuss to which extent the median voter theorem extends to the domain of single-peaked preferences on median spaces. After observing that on this domain a Condorcet winner need not exist, w...
Optimizing voting order on sequential juries: a median voter theorem and beyondEconomic Theory/Quantitative Economics/Mathematical MethodsPublic FinanceInternational Political EconomyGame TheoryEconomicsSocial and Behav. SciencesSocial PolicyWe consider an odd-sized "jury", which votes sequentially between two ...