TY  - BOOK
AU  - Fox,Gerald T.
TI  - Political dimensions of the American macroeconomy
T2  - Economics and public policy collection,
SN  - 9781948976367
AV  - HC103 
PY  - 2020///.]
CY  - New York, New York (222 East 46th Street, New York, NY 10017)
PB  - Business Expert Press
KW  - Macroeconomcs
KW  - Economics
KW  - Political aspects
KW  - United States
KW  - Phillips curve
KW  - Economic policy
KW  - Classical macroeconomic perspective
KW  - Congressional vote
KW  - Electoral cycle
KW  - Expectations-augmented Phillips curve
KW  - Fiscal policy
KW  - Inflation
KW  - Keynesianism
KW  - Median voter model
KW  - Monetary policy
KW  - Partisan cycle
KW  - Political business cycle
KW  - Presidential approval
KW  - Presidential vote
KW  - Unemployment
KW  - [genre]
KW  - Electronic books
N1  - Includes bibliographical references (pages 185-187) and index; Chapter 1. The political macroeconomy --; Chapter 2. Refresher on macroeconomic measurements and the busines cycle --; Chapter 3. Mainstream macroeconomic theory and the expectational Phillips curve --; Chapter 4. Fiscal and monetary policies --; Chapter 5. Voter rationality and macroeconomic preferences --; Chapter 6. Electoral political business cycle --; Chapter 7. Partisan political business cycle --; Chapter 8. Evidence of electoral and partisan cycles --; Chapter 9. Other political business cycle considerations --; Chapter 10. Economic influence on public sentiment and voter behavior --; Chapter 11. Trade policies and international political perspectives --; Chapter 12. Conclusion; Access restricted to authorized users and institutions; 2; b; Also available in printing
N2  - Political macroeconomy refers to the interconnection between macroeconomic politics and macroeconomic performance. The expectational Phillips curve may be used to examine the economic aspects of this interrelation. Macroeconomic politics relates to voter behavior, presidential reelection ambition, partisan economic priorities, and special interests. These factors impact the fiscal and monetary policy actions of the president, Congress, and central bank. According to the electoral effect, presidents attempt to boost the economy before an election to increase reelection votes. According to the partisan effect, conservative presidencies are relatively inflation averse, while liberal administrations are relatively unemployment averse. The evidence, however, suggests that the electoral and partisan effects occurred idiosyncratically in the U.S. economy during 1961-2016. The economy also affects presidential approval, Congressional elections, consumer sentiment, voter participation, and macropartisanship. An international dimension of the political macroeconomy is the issue of free trade versus protectionism and the perspectives of economic liberalism, neomercantilism, and structuralism
UR  - https://go.openathens.net/redirector/ciu.edu?url=https://portal.igpublish.com/iglibrary/search/BEPB0000925.html
ER  -