Partisan Politics, Divided Government, and the Economy (Political Economy of Institutions and Decisions)

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9780521436205: Partisan Politics, Divided Government, and the Economy (Political Economy of Institutions and Decisions)

This book explores how the political process in the United States influences the economy and how economic conditions influence electoral results. It explains how the interaction between the President and Congress lead to the formulation of macroeconomic policy and how the American voters achieve moderation by balancing the two institutions. Fluctuations in economic growth are shown to depend on the results of elections and, conversely, electoral results to depend on the state of the economy. The final chapter of the book establishes striking similarities between the American political economy and other industrial democracies.

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Book Description:

Exploring how the political process in the United States influences the economy and how economic conditions influence electoral results, this text explains how the interaction between the President and Congress lead to the formulation of macroeconomic policy.

From the Back Cover:

This book develops an integrated approach to understanding the American economy and national elections. Economic policy is generally seen as the result of a compromise between the President and Congress. Because Democrats and Republicans usually maintain polarized preferences on policy, middle-of-the-road voters seek to balance the President by reinforcing in Congress the party not holding the White House. This balancing leads, always, to relatively moderate policies and, frequently, to divided government. The authors first outline the rational partisan business cycle, where Republican administrations begin with recession, and Democratic administrations with expansions, and next the midterm cycle, where the President's party loses votes in the mid-term congressional election. The book argues that both cycles are the result of uncertainty about the outcome of presidential elections. Other topics covered include retrospective voting on the economy, coat-tails, and incumbency advantage. A final chapter shows how the analysis sheds light on the economies and political processes of other industrial democracies.

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Alesina, Alberto
Editorial: Cambridge University Press 2003-10 (2003)
ISBN 10: 0521436206 ISBN 13: 9780521436205
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Descripción Cambridge University Press 2003-10, 2003. Estado de conservación: New. This item is printed on demand. Brand new book, sourced directly from publisher. Dispatch time is 24-48 hours from our warehouse. Book will be sent in robust, secure packaging to ensure it reaches you securely. Nº de ref. de la librería NU-LSI-06893842

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Alberto Alesina, Howard Rosenthal
Editorial: CAMBRIDGE UNIVERSITY PRESS, United Kingdom (2003)
ISBN 10: 0521436206 ISBN 13: 9780521436205
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Descripción CAMBRIDGE UNIVERSITY PRESS, United Kingdom, 2003. Paperback. Estado de conservación: New. New.. Language: English . Brand New Book ***** Print on Demand *****.This book develops an integrated approach to understanding the American economy and national elections. Economic policy is generally seen as the result of a compromise between the President and Congress. Because Democrats and Republicans usually maintain polarised preferences on policy, middle-of-the-road voters seek to balance the President by reinforcing in Congress the party not holding the White House. This balancing leads, always, to relatively moderate policies and, frequently, to divided government. The authors outline the rational partisan business cycle, where Republican administrations begin with recessions, and Democratic ones with expansions, and the midterm cycle, where the President s party loses votes in the midterm congressional election. The book argues that both cycles are the result of uncertainty about the outcome of presidential elections. Other topics covered include retrospective voting on the economy, coat-tails, and incumbency advantage. Nº de ref. de la librería AAV9780521436205

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Alberto Alesina, Howard Rosenthal
Editorial: CAMBRIDGE UNIVERSITY PRESS, United Kingdom (2003)
ISBN 10: 0521436206 ISBN 13: 9780521436205
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Descripción CAMBRIDGE UNIVERSITY PRESS, United Kingdom, 2003. Paperback. Estado de conservación: New. New.. Language: English . Brand New Book ***** Print on Demand *****. This book develops an integrated approach to understanding the American economy and national elections. Economic policy is generally seen as the result of a compromise between the President and Congress. Because Democrats and Republicans usually maintain polarised preferences on policy, middle-of-the-road voters seek to balance the President by reinforcing in Congress the party not holding the White House. This balancing leads, always, to relatively moderate policies and, frequently, to divided government. The authors outline the rational partisan business cycle, where Republican administrations begin with recessions, and Democratic ones with expansions, and the midterm cycle, where the President s party loses votes in the midterm congressional election. The book argues that both cycles are the result of uncertainty about the outcome of presidential elections. Other topics covered include retrospective voting on the economy, coat-tails, and incumbency advantage. Nº de ref. de la librería AAV9780521436205

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Alesina, Alberto
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Ria Christie Collections
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Descripción Cambridge University Press, 2016. Paperback. Estado de conservación: New. PRINT ON DEMAND Book; New; Publication Year 2016; Not Signed; Fast Shipping from the UK. No. book. Nº de ref. de la librería ria9780521436205_lsuk

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Alesina, Alberto
Editorial: Cambridge University Press (1995)
ISBN 10: 0521436206 ISBN 13: 9780521436205
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Descripción Cambridge University Press, 1995. PAP. Estado de conservación: New. New Book. Delivered from our UK warehouse in 3 to 5 business days. THIS BOOK IS PRINTED ON DEMAND. Established seller since 2000. Nº de ref. de la librería LQ-9780521436205

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Alesina, Alberto
Editorial: Cambridge University Press (1995)
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Pbshop
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Descripción Cambridge University Press, 1995. PAP. Estado de conservación: New. New Book. Shipped from US within 10 to 14 business days. THIS BOOK IS PRINTED ON DEMAND. Established seller since 2000. Nº de ref. de la librería IQ-9780521436205

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ALBERTO ALESINA , HOWARD ROSENTHAL
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Herb Tandree Philosophy Books
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Descripción 1995. Paperback. Estado de conservación: NEW. 9780521436205 This listing is a new book, a title currently in-print which we order directly and immediately from the publisher. Nº de ref. de la librería HTANDREE0457374

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Howard Rosenthal
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Descripción Cambridge University Press. Paperback. Estado de conservación: New. Paperback. 300 pages. Dimensions: 8.9in. x 6.0in. x 0.9in.This book explores how the political process in the United States influences the economy and how economic conditions influence electoral results. It explains how the interaction between the President and Congress lead to the formulation of macroeconomic policy and how the American voters achieve moderation by balancing the two institutions. Fluctuations in economic growth are shown to depend on the results of elections and, conversely, electoral results to depend on the state of the economy. The final chapter of the book establishes striking similarities between the American political economy and other industrial democracies. This item ships from multiple locations. Your book may arrive from Roseburg,OR, La Vergne,TN. Paperback. Nº de ref. de la librería 9780521436205

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Alberto Alesina, Howard Rosenthal
Editorial: Cambridge University Press (1995)
ISBN 10: 0521436206 ISBN 13: 9780521436205
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Ergodebooks
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Descripción Cambridge University Press, 1995. Paperback. Estado de conservación: New. Nº de ref. de la librería DADAX0521436206

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Alesina, Alberto; Rosenthal, Howard
Editorial: Cambridge University Press (1995)
ISBN 10: 0521436206 ISBN 13: 9780521436205
Nuevos Paperback Cantidad: 10
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Ergodebooks
(RICHMOND, TX, Estados Unidos de America)
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Descripción Cambridge University Press, 1995. Paperback. Estado de conservación: New. Nº de ref. de la librería INGM9780521436205

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