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U.S. politics and the American macroeconomy /

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 unemployme...

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Bibliographic Details
Main Author: Fox, Gerald T., (Author)
Format: eBook
Language:English
Published: New York, New York (222 East 46th Street, New York, NY 10017) : Business Expert Press, 2015.
Edition:First edition.
Series:Economics collection.
Subjects:
Macroeconomics.
Phillips curve.
United States > Economic policy > 2009-
classical macroeconomic perspective
congressional vote
electoral cycle
expectations-augmented Phillips curve
fiscal policy
inflation
Keynesianism
median voter model
monetary policy
partisan cycle
political business cycle
presidential approval
presidential vote
unemployment
Electronic books.
Online Access:Click to View
Table of Contents:
  • 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.

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