Voting for Change: Calculation, Community and Euro Referendums

Posted: 17 Mar 2008

See all articles by Joseph Jupille

Joseph Jupille

University of Colorado at Boulder - Department of Political Science

David A. Leblang

University of Virginia; University of Virginia - College of Arts and Sciences; University of Virginia - Woodrow Wilson Department of Politics; University of Virginia - Frank Batten School of Leadership and Public Policy

Abstract

Referendum votes on adoption of the euro in Denmark (2000) and Sweden (2003) provide unprecedented natural experiments through which to study the political economy of money. Using exit polling data and multinomial logit statistical models that allow us to separate preferences for the euro from preferences for the European Union (EU), we test economic "calculation" and political "community" as determinants of individual-level preferences over adoption of the euro. We find that "calculation" operates most clearly where, as in Sweden, the choice of a fixed versus a floating exchange rate regime is at stake, while "community" exerts strong effects across the two cases.

Keywords: political economy, public opinion, referendums, European Union, exchange rates

JEL Classification: D72, E42, F33

Suggested Citation

Jupille, Joseph and Leblang, David A., Voting for Change: Calculation, Community and Euro Referendums. International Organization, Vol. 61, No. 4, 2007, Available at SSRN: https://ssrn.com/abstract=1105873

Joseph Jupille (Contact Author)

University of Colorado at Boulder - Department of Political Science ( email )

333 UCB
Boulder, CO 80309-0333
United States

David A. Leblang

University of Virginia ( email )

PO Box 400787
University of Virginia
Charlottesville, VA 22904
United States

University of Virginia - College of Arts and Sciences ( email )

VA
United States

University of Virginia - Woodrow Wilson Department of Politics ( email )

PO Box 400787
University of Virginia
Charlottesville, VA 22904
United States

University of Virginia - Frank Batten School of Leadership and Public Policy ( email )

235 McCormick Rd.
P.O. Box 400893
Charlottesville, VA 22904-4893
United States

Here is the Coronavirus
related research on SSRN

Paper statistics

Abstract Views
438
PlumX Metrics