The microeconomic voter

In the United States, aggregate and individual level studies of economic voting for the Congress have produced contradictory findings. The same is true for models of economic voting for the Australian Parliament. This paper presents data taken from a series of individual level studies which show that voters' attitudes towards fiscal and microeconomic issues have been better predictors of the vote for the Australian House of Representatives over the last four elections than their attitudes towards macroeconomic issues. This finding suggests that the cause of the inconsistency between aggregate and individual level models of voting may be that aggregate models of economic voting which include only macroeconomic variables are inadequately specified, since they do not take broader aspects of the economy into account.