摘要:I study to what extent voters are forward looking and how future income affects
the voting decision. Particularly, I estimate the effect of both transitory and
permanent income on preferences for different parties using a panel data set from
the Norwegian Election Study. To construct a proxy for permanent income, I use
stated expectations about the future economic situation and an estimate of how this
affects future income. It turns out that once we include the proxy for permanent income,
transitory income has no explanatory power on voting behaviour, supporting
the hypothesis of forward looking voting. As expected, a high expected permanent
income leads to Conservative voting and a low income to Socialist voting.