The Political Macroeconomy
Macroeconomics and National Politics
The relation between national politics and the macroeconomy is always a timely and relevant subject. Public perceptions of the president and the Congress are affected by whether the economy is strong or weak. Citizens reward political incumbents with increased reelection votes if a strong economy occurs. Citizens punish incumbents with reduced votes if a weak economy occurs. Politicians consequently promote policies they think will attain strong economic performance to increase their likelihood of reelection.
This book addresses some concepts, issues, and evidence on the interrelation between American national politics and the U.S. macroeconomy. Electoral, partisan, and ...
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