I am very excited to share our new NBER WP with @ikuziemko and @snaidunl: “Compensate the Losers”: Economic Policy and Partisan Realignment in the U.S.
A short summary of the paper below.
nber.org/papers/w31794 Using 80 years of data, we find that the educational realignment, causing Democrats to lose less-educated voters, began in the 70s and has maintained a similar pace since then. We argue that the rise of a conservative faction in the Democratic Party is a key driver of this shift.