Being financially distressed makes it harder to vote.
This finding, and more, is detailed in a Review of Financial Studies research paper by Purdue University Research Center in Economics (PURCE) faculty affiliate Dr. W. Ben McCartney. His data show that households economically distressed as a result of the housing and subsequent financial crisis in 2008-2009 were less likely to vote in the 2010 elections. This likely shaped what policies were implemented following the election.
In PURCE’s live upcoming webinar, Dr. McCartney will discuss the natural consequences – increasing inequality – and policy implications of the “have-nots” being unable to participate in the Democratic processes of voting and shaping policy.
His presentation will be followed by a Q&A, moderated by PURCE director Dr. Kevin Mumford.
Please join us for our next monthly Economic Policy Webinar:
Economic Hardship Decreases Voter Participation
Thursday, October 15, 2020
11:00-11:45 a.m. Eastern on Zoom
Dr. McCartney is an Assistant Professor of Finance at Purdue whose primary fields of research interest are household finance, corporate finance, and real estate. He teaches courses in Financial Management and Household Finance.
Please register here. A Zoom link will be provided in your registration confirmation email.
Reach out to us with questions: purce@purdue.edu and (765) 494-3782.
We look forward to welcoming you to this PURCE Economic Policy Webinar on an extremely timely topic.
Visit krannert.purdue.edu/centers/purce to learn more about our economics center.
