Political Economy In Macroeconomics PDF Download
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Author | : Allan Drazen |
Publisher | : Princeton University Press |
Total Pages | : 775 |
Release | : 2018-06-05 |
Genre | : Business & Economics |
ISBN | : 0691188009 |
Download Political Economy in Macroeconomics Book in PDF, ePub and Kindle
Originally, economics was called political economy, and those studying it readily accepted that economic decisions are made in a political world. But economics eventually separated itself from politics to pursue rigorous methods of analyzing individual behavior and markets. Recently, an increasing number of economists have turned their attention to the old question of how politics shape economic outcomes. To date, however, this growing literature has lacked a cogent organization and a unified approach. Here, in the first full-length examination of how political forces affect economic policy decisions, Allan Drazen provides a systematic treatment, organizing the increasingly influential "new political economy" as a more established field at the highly productive intersection of economics and political science. Although he provides an extraordinarily helpful guide to the recent explosion of papers on political economy in macroeconomics, Drazen moves far beyond survey, giving definition and structure to the field. He proposes that conflict or heterogeneity of interests should be the field's essential organizing principle, because political questions arise only when people disagree over which economic policies should be enacted or how economic costs and benefits should be distributed. Further, he illustrates how heterogeneity of interests is crucial in every part of political economy. Drazen's approach allows innovative treatment--using rigorous economic models--of public goods and finance, economic growth, the open economy, economic transition, political business cycles, and all of the traditional topics of macroeconomics. This major text will have an enormous impact on students and professionals in political science as well as economics, redefining how decision makers on several continents think about the full range of macroeconomic issues and informing the approaches of the next generation of economists.
Author | : Allan Drazen |
Publisher | : Princeton University Press |
Total Pages | : 790 |
Release | : 2000 |
Genre | : Business & Economics |
ISBN | : 0691092575 |
Download Political Economy in Macroeconomics Book in PDF, ePub and Kindle
Allan Drazen focuses on the implications of political and economic outcomes rather than polictical and public choice per se limiting his coverage to macroeconomics.
Author | : Douglas A. HIBBS |
Publisher | : Harvard University Press |
Total Pages | : 422 |
Release | : 2009-06-30 |
Genre | : Political Science |
ISBN | : 0674038630 |
Download The American Political Economy Book in PDF, ePub and Kindle
Here is the most comprehensive and authoritative work to date on relationships between the economy and politics in the years from Eisenhower through Reagan. Extending and deepening his earlier work, which had major impact in both political science and economics, Hibbs traces the patterns in and sources of postwar growth, unemployment, and inflation. He identifies which groups win and lose from inflations and recessions. He also shows how voters' perceptions and reactions to economic events affect the electoral fortunes of political parties and presidents. Hibbs's analyses demonstrate that political officials in a democratic society ignore the economic interests and demands of their constituents at their peril, because episodes of prosperity and austerity frequently have critical influence on voters' behavior at the polls. The consequences of Eisenhower's last recession, of Ford's unwillingness to stimulate the economy, of Carter's stalled recovery were electorally fatal, whereas Johnson's, Nixon's, and Reagan's successes in presiding over rising employment and real incomes helped win elections. The book develops a major theory of macroeconomic policy action that explains why priority is given to growth, unemployment, inflation, and income distribution shifts with changes in partisan control of the White House. The analysis shows how such policy priorities conform to the underlying economic interests and preferences of the governing party's core political supporters. Throughout the study Hibbs is careful to take account of domestic institutional arrangements and international economic events that constrain domestic policy effectiveness and influence domestic economic outcomes. Hibbs's interdisciplinary approach yields more rigorous and more persuasive characterizations of the American political economy than either purely economic, apolitical analyses or purely partisan, politicized accounts. His book provides a useful benchmark for the advocacy of new policies for the 1990s--a handy volume for politicians and their staffs, as well as for students and teachers of politics and economics.
Author | : Alberto Alesina |
Publisher | : MIT Press |
Total Pages | : 322 |
Release | : 1997 |
Genre | : Business & Economics |
ISBN | : 9780262510943 |
Download Political Cycles and the Macroeconomy Book in PDF, ePub and Kindle
This book examines how electoral laws, the timing of election, the ideological orientation of governments, and the nature of competition between political parties influence unemployment, economic growth, inflation, and monetary and fiscal policy. The book presents both a thorough overview of the theoretical literature and a vast amount of empirical evidence.
Author | : Barry R. Weingast |
Publisher | : Oxford University Press |
Total Pages | : 1112 |
Release | : 2008-06-19 |
Genre | : Philosophy |
ISBN | : 0199548471 |
Download The Oxford Handbook of Political Economy Book in PDF, ePub and Kindle
Over its lifetime, 'political economy' has had different meanings. This handbook views political economy as a synthesis of the various strands of social science, treating it as the methodology of economics applied to the analysis of political behaviour and institutions.
Author | : Douglas A. Hibbs |
Publisher | : Harvard University Press |
Total Pages | : 434 |
Release | : 1989-03-15 |
Genre | : History |
ISBN | : 9780674027367 |
Download The American Political Economy Book in PDF, ePub and Kindle
A comprehensive and authoritative work on relationships between the economy and politics in the years from Eisenhower through Reagan. Hibbs identifies which groups “win” and “lose” from inflations and recessions and shows how voters’ perceptions and reactions to economic events affect the electoral fortunes of political parties and presidents.
Author | : Alvaro Cencini |
Publisher | : Routledge |
Total Pages | : 368 |
Release | : 2012-10-12 |
Genre | : Business & Economics |
ISBN | : 1134382243 |
Download Macroeconomic Foundations of Macroeconomics Book in PDF, ePub and Kindle
Contrary to common belief, macroeconomics is not merely a theory of aggregates, and cannot be constructed from individual behaviour. Both nationally and internationally, there are economic laws that are logically independent of economic agents’ behaviour. These are the macroeconomic foundations of macroeconomics. Presenting cutting-edge material, Alvaro Cencini explores these foundations, and shows that the introduction of money entails economics being interpreted conceptually not mathematically. His innovative book provides the elements for a new approach by applying the most recent results of monetary analysis to the study of national and international economics. It covers recent progress in monetary theory, provides the reader with a greater understanding of the subject, and will be essential reading for economic students as well as a valuable resource for economists.
Author | : James E Hartley |
Publisher | : Routledge |
Total Pages | : 244 |
Release | : 2002-01-04 |
Genre | : Business & Economics |
ISBN | : 1134756801 |
Download The Representative Agent in Macroeconomics Book in PDF, ePub and Kindle
Rpresentative agent models have become a predominant means of studying the macroeconomy in modern economics without there being much discussion in the literature about their propriety or usefulness. This volume evaluates the use of these models in macroeconomics, examining the justifications for their use and concluding that representative agent models are neither a proper nor a particularly useful means of studying aggregate behaviour.
Author | : |
Publisher | : |
Total Pages | : 296 |
Release | : 2014 |
Genre | : |
ISBN | : 9789383096398 |
Download Political Economy in Macroeconomics Book in PDF, ePub and Kindle
Author | : Rudiger Dornbusch |
Publisher | : University of Chicago Press |
Total Pages | : 416 |
Release | : 2007-12-01 |
Genre | : Business & Economics |
ISBN | : 0226158489 |
Download The Macroeconomics of Populism in Latin America Book in PDF, ePub and Kindle
Again and again, Latin America has seen the populist scenario played to an unfortunate end. Upon gaining power, populist governments attempt to revive the economy through massive spending. After an initial recovery, inflation reemerges and the government responds with wage an price controls. Shortages, overvaluation, burgeoning deficits, and capital flight soon precipitate economic crisis, with a subsequent collapse of the populist regime. The lessons of this experience are especially valuable for countries in Eastern Europe, as they face major political and economic decisions. Economists and political scientists from the United States and Latin America detail in this volume how and why such programs go wrong and what leads policymakers to repeatedly adopt these policies despite a history of failure. Authors examine this pattern in Argentina, Brazil, Chile, Mexico, Nicaragua, and Peru—and show how Colombia managed to avoid it. Despite differences in how each country implemented its policies, the macroeconomic consequences were remarkably similar. Scholars of Latin America will find this work a valuable resource, offering a distinctive macroeconomic perspective on the continuing controversy over the dynamics of populism.