U.S. politics and the American macroeconomy
(eBook)
Author
Published
New York, New York (222 East 46th Street, New York, NY 10017) : Business Expert Press, 2015.
Edition
First edition.
Physical Desc
1 online resource (181 pages)
Status
More Details
Format
eBook
Language
English
ISBN
9781606495339
Notes
Bibliography
Includes bibliographical references (pages 175-176) and index.
Restrictions on Access
Access restricted to authorized users and institutions.
Description
This book considers the interrelation among macroeconomic politics, macroeconomic policymakers, macroeconomic policies, and macroeconomic performance. This interaction is examined using the expectational Phillips curve model, which measures macroeconomic outcomes in terms of inflation and unemployment. In this book, the subject of macroeconomic politics mainly focuses on voter behavior, presidential re-election ambition, and political party priorities. These factors influence the macroeconomic policy actions of the president, Congress, and the central bank. This analysis takes into account both fiscal and monetary policies. Our examination of citizen sentiment is based on rational voter theory and the median voter model. We compare the effects of macroeconomic farsightedness versus shortsightedness among voters. We also contrast the conservative versus liberal perspectives on macroeconomic policy and performance. The empirical component of our analysis examines the electoral and partisan political business cycle effects upon the U.S. economy, and we find evidence of idiosyncratic effects during the time frame of 1961 through 2014. Finally, we discuss macroeconomic influence on various measures of voter sentiment, such as presidential job approval as well as presidential and congressional election outcomes.
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Citations
APA Citation, 7th Edition (style guide)
Fox, G. T. (2015). U.S. politics and the American macroeconomy (First edition.). Business Expert Press.
Chicago / Turabian - Author Date Citation, 17th Edition (style guide)Fox, Gerald T.. 2015. U.S. Politics and the American Macroeconomy. Business Expert Press.
Chicago / Turabian - Humanities (Notes and Bibliography) Citation, 17th Edition (style guide)Fox, Gerald T.. U.S. Politics and the American Macroeconomy Business Expert Press, 2015.
MLA Citation, 9th Edition (style guide)Fox, Gerald T.. U.S. Politics and the American Macroeconomy First edition., Business Expert Press, 2015.
Note! Citations contain only title, author, edition, publisher, and year published. Citations should be used as a guideline and should be double checked for accuracy. Citation formats are based on standards as of August 2021.
Staff View
Grouped Work ID
5630c96e-e456-b93b-3c03-b6a0b28e6c16-eng
Grouping Information
| Grouped Work ID | 5630c96e-e456-b93b-3c03-b6a0b28e6c16-eng |
|---|---|
| Full title | u s politics and the american macroeconomy |
| Author | fox gerald t |
| Grouping Category | book |
| Last Update | 2022-06-07 21:23:19PM |
| Last Indexed | 2024-05-18 03:43:45AM |
Book Cover Information
| Image Source | syndetics |
|---|---|
| First Loaded | Sep 26, 2022 |
| Last Used | Apr 24, 2024 |
Marc Record
| First Detected | Aug 09, 2021 02:01:56 PM |
|---|---|
| Last File Modification Time | Nov 22, 2021 10:06:22 AM |
MARC Record
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| 245 | 1 | 0 | |a U.S. politics and the American macroeconomy|h [eBook] /|c Gerald T. Fox. |
| 246 | 3 | |a United States politics and the American macroeconomy. | |
| 250 | |a First edition. | ||
| 264 | 1 | |a New York, New York (222 East 46th Street, New York, NY 10017) :|b Business Expert Press,|c 2015. | |
| 300 | |a 1 online resource (181 pages) | ||
| 336 | |a text|2 rdacontent | ||
| 337 | |a computer|2 rdamedia | ||
| 338 | |a online resource|2 rdacarrier | ||
| 490 | 1 | |a Economics collection,|x 2163-7628 | |
| 504 | |a Includes bibliographical references (pages 175-176) and index. | ||
| 505 | 0 | |a 1. Introduction: political macroeconomy -- 2. Macroeconomic measurements and the business cycle -- 3. Mainstream macroeconomic theory and the expectational Phillips curve model -- 4. Fiscal and monetary policies -- 5. Voter rationality and macroeconomic preferences -- 6. Electoral political business cycle -- 7. Partisan political business cycle -- 8. Evidence of electoral and partisan cycles -- 9. Other PBC considerations regarding macroeconomic policy -- 10. Economic influence on public sentiment and voter behavior -- 11. Conclusion -- References -- Index. | |
| 506 | 1 | |a Access restricted to authorized users and institutions. | |
| 520 | 3 | |a This book considers the interrelation among macroeconomic politics, macroeconomic policymakers, macroeconomic policies, and macroeconomic performance. This interaction is examined using the expectational Phillips curve model, which measures macroeconomic outcomes in terms of inflation and unemployment. In this book, the subject of macroeconomic politics mainly focuses on voter behavior, presidential re-election ambition, and political party priorities. These factors influence the macroeconomic policy actions of the president, Congress, and the central bank. This analysis takes into account both fiscal and monetary policies. Our examination of citizen sentiment is based on rational voter theory and the median voter model. We compare the effects of macroeconomic farsightedness versus shortsightedness among voters. We also contrast the conservative versus liberal perspectives on macroeconomic policy and performance. The empirical component of our analysis examines the electoral and partisan political business cycle effects upon the U.S. economy, and we find evidence of idiosyncratic effects during the time frame of 1961 through 2014. Finally, we discuss macroeconomic influence on various measures of voter sentiment, such as presidential job approval as well as presidential and congressional election outcomes. | |
| 588 | |a Title from PDF title page (viewed on July 24, 2015). | ||
| 650 | 0 | |a Macroeconomics. | |
| 650 | 0 | |a Phillips curve. | |
| 651 | 0 | |a United States|x Economic policy|y 2009- | |
| 653 | |a classical macroeconomic perspective | ||
| 653 | |a congressional vote | ||
| 653 | |a electoral cycle | ||
| 653 | |a expectations-augmented Phillips curve | ||
| 653 | |a fiscal policy | ||
| 653 | |a inflation | ||
| 653 | |a Keynesianism | ||
| 653 | |a median voter model | ||
| 653 | |a monetary policy | ||
| 653 | |a partisan cycle | ||
| 653 | |a political business cycle | ||
| 653 | |a presidential approval | ||
| 653 | |a presidential vote | ||
| 653 | |a unemployment | ||
| 655 | 4 | |a Electronic books. | |
| 776 | 0 | 8 | |i Print version:|z 9781606495322 |
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| 856 | 4 | 0 | |u http://ebookcentral.proquest.com/lib/yln-ebooks/detail.action?docID=2068790|x Yavapai Library Network|y All other users click here to access |
| 945 | |a E-Book | ||
