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Expectations and preferences in British general elections.
American Political Science Review, June, 1994 by Amato, Timothy; Nadeau, Richard; Niemi, Richard G.
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The expectations formation process was found to have a significant inertia component but also a quick adjustment to current information. It was also found to mirror voters' ability to translate economic expectations into political predictions and to be 'time-bounded,' or taking on a special character during interelection times. The existence of a small bandwagon effect, wherein expectations of one party's victory will increase that party's vote, is confirmed.
Hibbs, Douglas A., Jr. 1982. "On the Demand for Economic Outcomes: Macroeconomic Performance and Mass Political Support in the ...
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