Controversies in Political Economy

by Clarke, Harold D.; Elliott, Euel W.; Mishler, William (CON)

• ISBN13: 9780813377704
• ISBN10: 0813377706
• Format: Paperback
• Copyright: 1992-06-01
• Publisher: Westview Pr

Table of Contents

List of Tables
List of Figures
Preface
Acknowledgments
Introduction: Contemporary Political Economy	p. 1
The Controversies: An Overview	p. 3
Economic Influences on Political Support	p. 5
Responsibility Attributions and Political Choice	p. 11
Political Control of the Economy?	p. 17
Methodological Issues	p. 19
Three Contexts of Controversy	p. 22
The Controversies Considered	p. 25
Notes	p. 29
The Economics and Politics of Presidential Approval: The Reagan Years	p. 31
Measures and Methods	p. 33
Reagan's Presidential Approval Ratings	p. 35
Trends in Inflation and Unemployment	p. 36
The Subjective Economy	p. 38
Political (and Economic) Interventions	p. 39
Models of Presidential Approval	p. 39
Models of Economic Evaluations	p. 45
Conclusion: A "Teflon" President?	p. 47
Notes	p. 49
Through a Glass Darkly: Economic Evaluations and Governing Party Support in Mrs. Thatcher's Britain	p. 51
Theoretical Considerations	p. 53
Modeling the Subjective Economy	p. 56
From the Objective to the Subjective Economy	p. 60
Do Subjective Economic Evaluations Matter?	p. 66
Conclusion: Through a Glass Darkly	p. 70
Notes	p. 72
The Dynamics of Third-Party Support: The British Liberals and the Alliance, 1979-1987	p. 75
Theoretical Perspectives on Party Support	p. 77
Measures	p. 81
Economic Conditions and Economic Evaluations	p. 82
A Model of Alliance Support	p. 84
The Economics and Politics of Alliance Support	p. 89
Conclusion: The British Party System--Bent, Not Broken	p. 93
Notes	p. 96
Regional Political-Economic Contexts and Party Support in Canada, 1985-1988	p. 99
The Canadian Political Context	p. 100
The Economics and Politics of Party Support	p. 103
Measures and Methods	p. 110
The Determinants of Party Support	p. 112
Region, Economy, Politics	p. 117
Conclusion: The Politics (and Economics?) of Party Support	p. 118
Notes	p. 120
Campaign Context, Economic Evaluations, and Electoral Choice: The 1988 American Presidential Election	p. 123
Contemporary Approaches to Economic Evaluations	p. 124
The Model of Economic Evaluations	p. 125
The Distribution and Structure of Economic Evaluations	p. 127
Recent Controversies over Economic Voting	p. 130
A Contextual Model of Presidential Voting	p. 131
Economic Evaluations and Presidential Voting in 1988	p. 134
Conclusion	p. 137
Notes	p. 139
"It's Their Fault!" The Economics and Politics of Governing Party Support in Canada Since 1988	p. 141
Changing Economic Evaluations	p. 143
Economic Issues	p. 149
Modeling Attitudes Toward Free Trade and the GST	p. 152
Progressive Conservative Support	p. 156
Conclusion: From Disaster to Dismissal?	p. 159
Notes	p. 161
Macroeconomic Theories and Political Interests: The Political Business Cycle	p. 165
The Macroeconomic Foundations	p. 166
Reaction Functions: Theoretical Perspectives	p. 171
Looking for the Political Business Cycle	p. 175
Manipulating the Economy for Political Profit: Britain, 1983-1987	p. 180
Conclusion: The Future of the Political Business Cycle	p. 186
Notes	p. 188
International Developments and Presidential Factors: Political Business Cycles in the United States	p. 189
The Controversies over Political Business Cycles	p. 189
Two Models of the Macroeconomy	p. 191
Measures and Methods	p. 195
Presidents, International Developments, and the Economy	p. 197
Conclusion	p. 201
Notes	p. 204
Appendix A: Box-Jenkins-Tiao Time Series Analysis	p. 205
References	p. 209
Index	p. 231
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