MARC Record from marc_columbia

LEADER: 03417fam a2200481 a 4500
001 1571407
005 20220608191755.0
008 931207s1995 enka b 001 0 eng
010 $a 93048512
020 $a0521430291 (hard)
020 $a0521436206 (pbk.)
035 $a(OCoLC)29548412
035 $a(OCoLC)ocm29548412
035 $9AKF9155CU
035 $a(NNC)1571407
035 $a1571407
040 $aDLC$cDLC$dNNC$dOrLoB$dOrLoB
043 $an-us---
050 00 $aHB3743$b.A45 1994
082 00 $a338.5/42$220
100 1 $aAlesina, Alberto.$0http://id.loc.gov/authorities/names/n86005013
245 10 $aPartisan politics, divided government, and the economy /$cAlberto Alesina and Howard Rosenthal.
260 $aCambridge [England] ;$aNew York :$bCambridge University Press,$c1995.
263 $a9408
300 $axiii, 280 pages :$billustrations ;$c24 cm.
336 $atext$btxt$2rdacontent
337 $aunmediated$bn$2rdamedia
490 1 $aPolitical economy of institutions and decisions
504 $aIncludes bibliographical references (p. 260-271) and index.
505 0 $a1. Introduction -- 2. Models of policy divergence -- 3. A theory of institutional balancing -- 4. The midterm cycle -- 5. Diversity, persistence, and mobility -- 6. Incumbency and moderation -- 7. Partisan business cycles -- 8. The president, Congress, and the economy -- 9. Economic growth and national elections in the United States: 1915-1988 -- 10. Partisan economic policy and divided government in parliamentary democracies.
520 $aThis 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.
520 8 $aThis balancing leads, always, to relatively moderate policies and, frequently, to divided government.
520 8 $aThe 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.
520 8 $aA final chapter shows how the analysis sheds light on the economies and political processes of other industrial democracies.
650 0 $aBusiness cycles$xPolitical aspects$zUnited States$xHistory$y20th century.
650 0 $aPresidents$zUnited States$xElection$xHistory$y20th century.$0http://id.loc.gov/authorities/subjects/sh2010106957
650 0 $aRepresentative government and representation$zUnited States$xHistory$y20th century.
651 0 $aUnited States$xEconomic policy$xDecision making.
700 1 $aRosenthal, Howard,$d1939-$0http://id.loc.gov/authorities/names/no90003089
830 0 $aPolitical economy of institutions and decisions.$0http://id.loc.gov/authorities/names/n84729581
852 00 $bleh$hHB3743$i.A45 1994
852 00 $bleh$hHB3743$i.A45 1994
852 00 $bbar$hHB3743$i.A45 1995