TY  - BOOK
AU  - Knight,Brian G.
ED  - National Bureau of Economic Research.
TI  - An Econometric Evaluation of Competing Explanations for The Midterm Gap
T2  - NBER working paper series
PY  - 2014///
CY  - Cambridge, Mass.
PB  - National Bureau of Economic Research
N1  - July 2014; Hardcopy version available to institutional subscribers
N2  - This paper provides a unified theoretical and empirical analysis of three longstanding explanations for the consistent loss of support for the President's party in midterm Congressional elections: (1) a Presidential penalty, defined as a preference for supporting the opposition during midterm years, (2) a surge and decline in voter turnout, and (3) a reversion to the mean in voter ideology. To quantify the contribution of each of these factors, we build an econometric model in which voters jointly choose whether or not to participate and which party to support in both House and Presidential elections. Estimated using ANES data from both Presidential and midterm years, the model can fully explain the observed midterm gaps, and counterfactual simulations demonstrate that each factor makes a sizable contribution towards the midterm gap, with the Presidential penalty playing the largest role
UR  - https://www.nber.org/papers/w20311
UR  - http://dx.doi.org/10.3386/w20311
ER  -