Journal: CAGE Research Center Working Paper Series

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University of Warwick, Centre for Competitive Advantage in the Global Economy

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2013 - 20183
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Publications 1 - 3 of 3
  • Do Happier Britons Have More Income? First-Order Stochastic Dominance Relations
    Item type: Working Paper
    Hammond, Peter J.; Liberini, Federica; Proto, Eugenio (2013)
    CAGE Research Center Working Paper Series
    Using British Household Panel Survey data, for subjects not reporting the highest permitted satisfaction level, we show that the conditional income distribution given a higher reported level of life satisfaction rst-order stochastically dominates the corresponding conditional distribution given any lower satisfaction level. Subjects reporting the highest satisfaction level, however, have an income distribution dominated by distributions for some less satis ed individuals. Interestingly, this \top anomaly" is undetectable by standard ordered probit analysis. An alternative binary probit model for reporting maximal satisfaction suggests a possible explanation: more educated subjects not only tend to have higher income, but are also less likely to report maximal satisfaction.
  • Happy Voters
    Item type: Working Paper
    Liberini, Federica; Redoano, Michela; Proto, Eugenio (2013)
    CAGE Research Center Working Paper Series
    In this paper we investigate whether or not recent initiatives taken by governments and international organizations to come up with indicators of SubjectiveWell Being (SWB) to inform policy makers go in the same direction as citizens expectations on what policy makers should do. We test retrospective voting hypotheses by using standard measures of SWB as a proxy for utility instead of the commonly used indicators of economic and …nancial circumstances. Using the British Household Panel Survey Data we …nd that citizens who are satis…ed with their life are more likely to cast their vote in favour of the ruling party, even taking into account ideological preferences. We show that SWB in‡uences voting decision even when the event a¤ecting the SWB is beyond the government’s control, like the spouse death.
  • Politics in the Facebook Era. Evidence from the 2016 US Presidential Elections
    Item type: Working Paper
    Liberini, Federica; Redoano, Michela; Russo, Antonio; et al. (2018)
    CAGE Research Center Working Paper Series
    Social media enable politicians to personalize their campaigns and target voters who may be decisive for the outcome of elections. We assess the effects of such political\micro-targeting" by exploiting variation in daily advertising prices on Facebook, collected during the course of the 2016 U.S. presidential campaign. We analyze the variation of prices across political ideologies and propose a measure for the intensity of online political campaigns. Combining this measure with information from the ANES electoral survey, we address two fundamental questions: (i) To what extent did political campaigns use social media to micro-target voters? (ii) How large was the effect, if any, on voters who were heavily exposed to campaigning on social media? We find that online political campaigns targeted on users' gender, geographic location, and political ideology had a signicant effect in persuading undecided voters to support Mr Trump, and in persuading Republican supporters to turn out on polling day. Moreover the effect of micro-targeting on Facebook was strongest among users without university or college-level education.
Publications 1 - 3 of 3