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DEBT RESETTLEMENT (1) answer(s).
 
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Iceland on the rocks: the mass political economy of sovereign debt resettlement / Curtis, K. Amber; Jupille, Joseph; Leblang, David   Journal Article
Leblang, David Journal Article
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Publication 2014.
Summary/Abstract We undertake an individual-level analysis of mass political behavior toward sovereign debt resettlement by leveraging the unique circumstances of a 2011 referendum on debt repayment in Iceland. This allows us to engage broader questions about mass international political economy. Against the recent thrust of a growing literature, we find evidence of material economic "pocketbook" effects-self-interest-on voting behavior, operating alongside symbolic/sociotropic and partisan/political logics. Contrary to expectations, these self-interest effects are not conditional on voter sophistication. We conclude that conventional sampling frames may be inappropriate for understanding contemporary democratic contestation over international economic policy.
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