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Publications
Publications
  • 2024
  • Working Paper

Pitfalls of Demographic Forecasts of U.S. Elections

By: Richard Calvo, Vincent Pons and Jesse M. Shapiro
  • Format:Print
  • | Language:English
  • | Pages:71
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Abstract

Many observers have forecast large partisan shifts in the US electorate based on demographic trends. Such forecasts are appealing because demographic trends are often predictable even over long horizons. We backtest demographic forecasts using data on US elections since 1952. We envision a forecaster who fits a model using data from a given election and uses that model, in tandem with a projection of demographic trends, to predict future elections. Even a forecaster with perfect knowledge of future demographic trends would have performed poorly over this period—worse even than one who simply guesses that each election will have a 50-50 partisan split. Enriching the set of demographics available does not change this conclusion. We discuss both mechanical and economic reasons for this finding, and show suggestive evidence that parties adjust their platforms in accordance with changes in the electorate.

Keywords

Mathematical Methods; Voting; Political Elections; Trends; Forecasting and Prediction; Demographics

Citation

Calvo, Richard, Vincent Pons, and Jesse M. Shapiro. "Pitfalls of Demographic Forecasts of U.S. Elections." NBER Working Paper Series, No. 33016, October 2024.
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About The Authors

Vincent Pons

Business, Government and the International Economy
→More Publications

Jesse M. Shapiro

Entrepreneurial Management
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More from the Authors
  • Dominion Voting Systems v. Fox News By: Vincent Pons, Jesse M. Shapiro, Bharat Anand and Susan Pinckney
  • Causes and Extent of Increasing Partisan Segregation in the U.S. – Evidence from Migration Patterns of 212 Million Voters By: Jacob R. Brown, Enrico Cantoni, Vincent Pons and Emilie Sartre
  • The Marshall Plan: The Politics and Economics of Europe's Recovery After World War II By: Vincent Pons, Marco Tabellini and Vestal McIntyre
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