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Record Nr. |
UNINA9910812736203321 |
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Autore |
Hibbs Douglas A. <1944-> |
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Titolo |
The American political economy : macroeconomics and electoral politics / / Douglas A. Hibbs, Jr |
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Pubbl/distr/stampa |
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Cambridge, Mass. : , : Harvard University Press, , 1987 |
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ISBN |
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Descrizione fisica |
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1 online resource (xiii, 404 pages) : illustrations |
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Disciplina |
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Soggetti |
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Business cycles - Political aspects - United States |
Elections - United States |
United States Economic policy 1981-1993 |
United States Economic conditions 1981-2001 |
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Lingua di pubblicazione |
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Formato |
Materiale a stampa |
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Livello bibliografico |
Monografia |
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Note generali |
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Bibliographic Level Mode of Issuance: Monograph |
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Nota di bibliografia |
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Includes bibliography and index. |
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Nota di contenuto |
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Introduction: A Framework for the Analysis of Macroeconomics and Electoral Politics Macroeconomic and Institutional Background The Demand for Economic Outcomes The Supply of Economic Outcomes I. MACROECONOMIC AND INSTITUTIONAL BACKGROUND 1. Postwar American Macroeconomic Performance in Historical Perspective Growth and Unemployment Inflation The Bias toward Inflation Monetary Policy, the Financial System, and Economic Stabilization Fiscal Policy and Economic Stabilization The Security-Inflation Trade-Off 2. The Costs of Unemployment Defining, Interpreting, and Measuring Unemployment The Aggregate Costs of Unemployment The Incidence of Unemployment The Costs of Unemployment to Individuals 3. The Costs of Inflation Defining and Measuring Inflation Recent Trends and Fluctuations in the Underlying Inflation Rate Inflation and the Distribution of Personal Income Inflation and Personal Income Growth Rates Inflation and Corporate Profitability Saving, Investment, and Inflation Inflation's True Costs II. THE DEMAND FOR ECONOMIC OUTCOMES 4. Public Concern about Inflation and Unemployment The Salience of the Economy as a Public Issue The Distribution of Concern about Inflation and Unemployment in the General Electorate The Distribution of Concern about Inflation and Unemployment among Income, Occupational, and Partisan Groups 5. Macroeconomic |
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Performance and Mass Political Support for the President The Political Support Model Empirical Results A Concluding Word on the Economy and Political Support for Presidents 6. Economic Performance and the 1980 and 1984 Elections Landslide Elections in Recent History Election Cycle Economics in 1980 and 1984 Rule-of-Thumb Statistical Models for Presidential Voting Outcomes Evidence from the Surveys Implications for the Future of Conservative Republicanism III. THE SUPPLY OF ECONOMIC OUTCOMES 7. Political Parties and Macroeconomic Policies and Outcomes The Party Cleavage Model Unemployment and Real Output under the Parties Empirical Results for the Models Distributional Outcomes under the Parties Macroeconomic Policies 8. Political Business Cycles The Theory of Election Cycles Empirical Analysis of Election Cycles Election Cycles and Partisan Cycles Politics and the Economy 9. Macroeconomic and Distributional Outcomes during Reagan's First Four Years Macroeconomic Goals, Policies, and Outcomes under Reagan Distributional Politics and Partisan Cleavages in Congress Distributional Consequences of the Reagan Fiscal Program The Legacy of Reaganomics to the American Political Economy Notes Index |
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