Macroeconomic policies of developed democracies:
This book synthesizes and extends modern political-economic theory to explain the postwar evolution of macroeconomic policy in developed democracies. Chapters 2-4 study transfers, debt, and monetary/wage policy-making and outcomes, stressing that participation enhances transfer-policy responsiveness...
Saved in:
| Main Author: | |
|---|---|
| Format: | Electronic eBook |
| Language: | English |
| Published: |
Cambridge
Cambridge University Press
2002
|
| Series: | Cambridge studies in comparative politics
|
| Subjects: | |
| Online Access: | BSB01 UBG01 Volltext |
| Summary: | This book synthesizes and extends modern political-economic theory to explain the postwar evolution of macroeconomic policy in developed democracies. Chapters 2-4 study transfers, debt, and monetary/wage policy-making and outcomes, stressing that participation enhances transfer-policy responsiveness to inequality and vice versa, that policy-making veto actors retard fiscal-policy adjustments, inducing greater long-run debt-responses to all other political-economic stimuli, and that monetary policy's nominal and real effects depend, respectively, on the broader political-economic interest-structure and on wage-price bargainers' sectorial composition and coordination. Broadly, the book argues that these developments have exacerbated the distributional conflicts inherent in the policies to which postwar governments had committed while undermining their more-universally desired efficiency-fostering roles. Battles that once raged primarily over policies conducted within postwar-commitment frameworks now rage over the putative 'reforms' of the frameworks that will set the institutional rules within which democratic struggle over macroeconomic policy and free-market competition will continue |
| Item Description: | Title from publisher's bibliographic system (viewed on 05 Oct 2015) |
| Physical Description: | 1 online resource (xxiv, 306 pages) |
| ISBN: | 9780511810404 |
| DOI: | 10.1017/CBO9780511810404 |
Staff View
MARC
| LEADER | 00000nmm a2200000zc 4500 | ||
|---|---|---|---|
| 001 | BV043919131 | ||
| 003 | DE-604 | ||
| 005 | 00000000000000.0 | ||
| 007 | cr|uuu---uuuuu | ||
| 008 | 161202s2002 |||| o||u| ||||||eng d | ||
| 020 | |a 9780511810404 |c Online |9 978-0-511-81040-4 | ||
| 024 | 7 | |a 10.1017/CBO9780511810404 |2 doi | |
| 035 | |a (ZDB-20-CBO)CR9780511810404 | ||
| 035 | |a (OCoLC)967415700 | ||
| 035 | |a (DE-599)BVBBV043919131 | ||
| 040 | |a DE-604 |b ger |e rda | ||
| 041 | 0 | |a eng | |
| 049 | |a DE-12 |a DE-473 | ||
| 082 | 0 | |a 339.5 |2 21 | |
| 084 | |a MH 10020 |0 (DE-625)122879:12036 |2 rvk | ||
| 084 | |a QD 000 |0 (DE-625)141277: |2 rvk | ||
| 084 | |a QD 110 |0 (DE-625)141285: |2 rvk | ||
| 100 | 1 | |a Franzese, Robert J. |d 1969- |e Verfasser |4 aut | |
| 245 | 1 | 0 | |a Macroeconomic policies of developed democracies |c Robert J. Franzese, Jr |
| 264 | 1 | |a Cambridge |b Cambridge University Press |c 2002 | |
| 300 | |a 1 online resource (xxiv, 306 pages) | ||
| 336 | |b txt |2 rdacontent | ||
| 337 | |b c |2 rdamedia | ||
| 338 | |b cr |2 rdacarrier | ||
| 490 | 0 | |a Cambridge studies in comparative politics | |
| 500 | |a Title from publisher's bibliographic system (viewed on 05 Oct 2015) | ||
| 505 | 8 | |a Machine generated contents note: 1 INTRODUCTION -- 1.1 Overview -- 1.2 The Democratic Commitments to Government -- Involvement in the Macroeconomy -- 1.3 The Evolution of the Policy Commitments and of -- A/acroeconomic Performance -- 1.4 Explaining Policy and Outcome Variation across -- Democracies over Time -- 1.5 The Political-Economic Implications -- 1.6 Conclusion -- 2 THE DEMOCRATIC COMMITMENT TO SOCIAL -- INSURANCE -- 2.1 Introduction: Motivation, the Explanandum, and a -- Road Map -- 2.2 Economic Inequality and Demand for Transfers in -- Pure Democracy -- 2.3 Democratic Management of Transfer Systems by -- Elected Governments -- 2.4 The Data and Empirical Methods -- 2.5 Empirical Evaluation of the Positive Political -- Economy of Transfers -- 2.6 Discussion, Conclusions, and Implications -- 3 FINANCING THE COMMITMENTS: PUBLIC DEBT -- 3.1 Introduction: Motivation, the Explanandum, and a / -- Road Map -- 3.2 Democratic Management of Public Debt: Theories, -- Measures, Stylized Facts -- - -- 3.3 Empirical Evaluation of the Positive Political -- Economy of Public Debt -- 3.4 Discussion, Conclusions, and Implications -- 4 MONETARY MANAGEMENT OF THE -- MACROECONOMY -- 4.1 Introduction: Motivation, the Explanandum, and a -- Road Map -- 4.2 Monetary-Policy-Making and Wage-Price-Bargaining -- Institutions -- 4.3 A Proposed Synthesis and Extension: -- Institutional-Structural Interactions -- 4.4 Empirical Evaluation of the Positive Political -- Economy of Monetary Policy Making and -- Wage-Price Bargaining -- 4.5 Discussion, Conclusions, and Implications -- 5 COMPARATIVE DEMOCRATIC POLITICAL- -- ECONOMY AND MACROECONOAI C -- POLICY MAKING -- 5.1 Concluding Themes -- 5.2 A Prospective Overview -- References -- Index | |
| 520 | |a This book synthesizes and extends modern political-economic theory to explain the postwar evolution of macroeconomic policy in developed democracies. Chapters 2-4 study transfers, debt, and monetary/wage policy-making and outcomes, stressing that participation enhances transfer-policy responsiveness to inequality and vice versa, that policy-making veto actors retard fiscal-policy adjustments, inducing greater long-run debt-responses to all other political-economic stimuli, and that monetary policy's nominal and real effects depend, respectively, on the broader political-economic interest-structure and on wage-price bargainers' sectorial composition and coordination. Broadly, the book argues that these developments have exacerbated the distributional conflicts inherent in the policies to which postwar governments had committed while undermining their more-universally desired efficiency-fostering roles. Battles that once raged primarily over policies conducted within postwar-commitment frameworks now rage over the putative 'reforms' of the frameworks that will set the institutional rules within which democratic struggle over macroeconomic policy and free-market competition will continue | ||
| 650 | 4 | |a Wirtschaftspolitik | |
| 650 | 4 | |a Economic policy | |
| 650 | 4 | |a Comparative economics | |
| 650 | 4 | |a Democracy | |
| 650 | 0 | 7 | |a Wirtschaftspolitik |0 (DE-588)4066493-4 |2 gnd |9 rswk-swf |
| 650 | 0 | 7 | |a Demokratie |0 (DE-588)4011413-2 |2 gnd |9 rswk-swf |
| 689 | 0 | 0 | |a Demokratie |0 (DE-588)4011413-2 |D s |
| 689 | 0 | 1 | |a Wirtschaftspolitik |0 (DE-588)4066493-4 |D s |
| 689 | 0 | |8 1\p |5 DE-604 | |
| 776 | 0 | 8 | |i Erscheint auch als |n Druckausgabe |z 978-0-521-00441-1 |
| 776 | 0 | 8 | |i Erscheint auch als |n Druckausgabe |z 978-0-521-80294-9 |
| 856 | 4 | 0 | |u https://doi.org/10.1017/CBO9780511810404 |x Verlag |z URL des Erstveröffentlichers |3 Volltext |
| 912 | |a ZDB-20-CBO | ||
| 999 | |a oai:aleph.bib-bvb.de:BVB01-029328211 | ||
| 883 | 1 | |8 1\p |a cgwrk |d 20201028 |q DE-101 |u https://d-nb.info/provenance/plan#cgwrk | |
| 966 | e | |u https://doi.org/10.1017/CBO9780511810404 |l BSB01 |p ZDB-20-CBO |q BSB_PDA_CBO |x Verlag |3 Volltext | |
| 966 | e | |u https://doi.org/10.1017/CBO9780511810404 |l UBG01 |p ZDB-20-CBO |q UBG_PDA_CBO |x Verlag |3 Volltext | |
Record in the Search Index
| _version_ | 1804176838297124864 |
|---|---|
| any_adam_object | |
| author | Franzese, Robert J. 1969- |
| author_facet | Franzese, Robert J. 1969- |
| author_role | aut |
| author_sort | Franzese, Robert J. 1969- |
| author_variant | r j f rj rjf |
| building | Verbundindex |
| bvnumber | BV043919131 |
| classification_rvk | MH 10020 QD 000 QD 110 |
| collection | ZDB-20-CBO |
| contents | Machine generated contents note: 1 INTRODUCTION -- 1.1 Overview -- 1.2 The Democratic Commitments to Government -- Involvement in the Macroeconomy -- 1.3 The Evolution of the Policy Commitments and of -- A/acroeconomic Performance -- 1.4 Explaining Policy and Outcome Variation across -- Democracies over Time -- 1.5 The Political-Economic Implications -- 1.6 Conclusion -- 2 THE DEMOCRATIC COMMITMENT TO SOCIAL -- INSURANCE -- 2.1 Introduction: Motivation, the Explanandum, and a -- Road Map -- 2.2 Economic Inequality and Demand for Transfers in -- Pure Democracy -- 2.3 Democratic Management of Transfer Systems by -- Elected Governments -- 2.4 The Data and Empirical Methods -- 2.5 Empirical Evaluation of the Positive Political -- Economy of Transfers -- 2.6 Discussion, Conclusions, and Implications -- 3 FINANCING THE COMMITMENTS: PUBLIC DEBT -- 3.1 Introduction: Motivation, the Explanandum, and a / -- Road Map -- 3.2 Democratic Management of Public Debt: Theories, -- Measures, Stylized Facts -- - -- 3.3 Empirical Evaluation of the Positive Political -- Economy of Public Debt -- 3.4 Discussion, Conclusions, and Implications -- 4 MONETARY MANAGEMENT OF THE -- MACROECONOMY -- 4.1 Introduction: Motivation, the Explanandum, and a -- Road Map -- 4.2 Monetary-Policy-Making and Wage-Price-Bargaining -- Institutions -- 4.3 A Proposed Synthesis and Extension: -- Institutional-Structural Interactions -- 4.4 Empirical Evaluation of the Positive Political -- Economy of Monetary Policy Making and -- Wage-Price Bargaining -- 4.5 Discussion, Conclusions, and Implications -- 5 COMPARATIVE DEMOCRATIC POLITICAL- -- ECONOMY AND MACROECONOAI C -- POLICY MAKING -- 5.1 Concluding Themes -- 5.2 A Prospective Overview -- References -- Index |
| ctrlnum | (ZDB-20-CBO)CR9780511810404 (OCoLC)967415700 (DE-599)BVBBV043919131 |
| dewey-full | 339.5 |
| dewey-hundreds | 300 - Social sciences |
| dewey-ones | 339 - Macroeconomics and related topics |
| dewey-raw | 339.5 |
| dewey-search | 339.5 |
| dewey-sort | 3339.5 |
| dewey-tens | 330 - Economics |
| discipline | Politologie Wirtschaftswissenschaften |
| doi_str_mv | 10.1017/CBO9780511810404 |
| format | Electronic eBook |
| fullrecord | <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>05135nmm a2200565zc 4500</leader><controlfield tag="001">BV043919131</controlfield><controlfield tag="003">DE-604</controlfield><controlfield tag="005">00000000000000.0</controlfield><controlfield tag="007">cr|uuu---uuuuu</controlfield><controlfield tag="008">161202s2002 |||| o||u| ||||||eng d</controlfield><datafield tag="020" ind1=" " ind2=" "><subfield code="a">9780511810404</subfield><subfield code="c">Online</subfield><subfield code="9">978-0-511-81040-4</subfield></datafield><datafield tag="024" ind1="7" ind2=" "><subfield code="a">10.1017/CBO9780511810404</subfield><subfield code="2">doi</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(ZDB-20-CBO)CR9780511810404</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(OCoLC)967415700</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)BVBBV043919131</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-604</subfield><subfield code="b">ger</subfield><subfield code="e">rda</subfield></datafield><datafield tag="041" ind1="0" ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-12</subfield><subfield code="a">DE-473</subfield></datafield><datafield tag="082" ind1="0" ind2=" "><subfield code="a">339.5</subfield><subfield code="2">21</subfield></datafield><datafield tag="084" ind1=" " ind2=" "><subfield code="a">MH 10020</subfield><subfield code="0">(DE-625)122879:12036</subfield><subfield code="2">rvk</subfield></datafield><datafield tag="084" ind1=" " ind2=" "><subfield code="a">QD 000</subfield><subfield code="0">(DE-625)141277:</subfield><subfield code="2">rvk</subfield></datafield><datafield tag="084" ind1=" " ind2=" "><subfield code="a">QD 110</subfield><subfield code="0">(DE-625)141285:</subfield><subfield code="2">rvk</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">Franzese, Robert J.</subfield><subfield code="d">1969-</subfield><subfield code="e">Verfasser</subfield><subfield code="4">aut</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">Macroeconomic policies of developed democracies</subfield><subfield code="c">Robert J. Franzese, Jr</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">Cambridge</subfield><subfield code="b">Cambridge University Press</subfield><subfield code="c">2002</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">1 online resource (xxiv, 306 pages)</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="b">c</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="b">cr</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="490" ind1="0" ind2=" "><subfield code="a">Cambridge studies in comparative politics</subfield></datafield><datafield tag="500" ind1=" " ind2=" "><subfield code="a">Title from publisher's bibliographic system (viewed on 05 Oct 2015)</subfield></datafield><datafield tag="505" ind1="8" ind2=" "><subfield code="a">Machine generated contents note: 1 INTRODUCTION -- 1.1 Overview -- 1.2 The Democratic Commitments to Government -- Involvement in the Macroeconomy -- 1.3 The Evolution of the Policy Commitments and of -- A/acroeconomic Performance -- 1.4 Explaining Policy and Outcome Variation across -- Democracies over Time -- 1.5 The Political-Economic Implications -- 1.6 Conclusion -- 2 THE DEMOCRATIC COMMITMENT TO SOCIAL -- INSURANCE -- 2.1 Introduction: Motivation, the Explanandum, and a -- Road Map -- 2.2 Economic Inequality and Demand for Transfers in -- Pure Democracy -- 2.3 Democratic Management of Transfer Systems by -- Elected Governments -- 2.4 The Data and Empirical Methods -- 2.5 Empirical Evaluation of the Positive Political -- Economy of Transfers -- 2.6 Discussion, Conclusions, and Implications -- 3 FINANCING THE COMMITMENTS: PUBLIC DEBT -- 3.1 Introduction: Motivation, the Explanandum, and a / -- Road Map -- 3.2 Democratic Management of Public Debt: Theories, -- Measures, Stylized Facts -- - -- 3.3 Empirical Evaluation of the Positive Political -- Economy of Public Debt -- 3.4 Discussion, Conclusions, and Implications -- 4 MONETARY MANAGEMENT OF THE -- MACROECONOMY -- 4.1 Introduction: Motivation, the Explanandum, and a -- Road Map -- 4.2 Monetary-Policy-Making and Wage-Price-Bargaining -- Institutions -- 4.3 A Proposed Synthesis and Extension: -- Institutional-Structural Interactions -- 4.4 Empirical Evaluation of the Positive Political -- Economy of Monetary Policy Making and -- Wage-Price Bargaining -- 4.5 Discussion, Conclusions, and Implications -- 5 COMPARATIVE DEMOCRATIC POLITICAL- -- ECONOMY AND MACROECONOAI C -- POLICY MAKING -- 5.1 Concluding Themes -- 5.2 A Prospective Overview -- References -- Index</subfield></datafield><datafield tag="520" ind1=" " ind2=" "><subfield code="a">This book synthesizes and extends modern political-economic theory to explain the postwar evolution of macroeconomic policy in developed democracies. Chapters 2-4 study transfers, debt, and monetary/wage policy-making and outcomes, stressing that participation enhances transfer-policy responsiveness to inequality and vice versa, that policy-making veto actors retard fiscal-policy adjustments, inducing greater long-run debt-responses to all other political-economic stimuli, and that monetary policy's nominal and real effects depend, respectively, on the broader political-economic interest-structure and on wage-price bargainers' sectorial composition and coordination. Broadly, the book argues that these developments have exacerbated the distributional conflicts inherent in the policies to which postwar governments had committed while undermining their more-universally desired efficiency-fostering roles. Battles that once raged primarily over policies conducted within postwar-commitment frameworks now rage over the putative 'reforms' of the frameworks that will set the institutional rules within which democratic struggle over macroeconomic policy and free-market competition will continue</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Wirtschaftspolitik</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Economic policy</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Comparative economics</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Democracy</subfield></datafield><datafield tag="650" ind1="0" ind2="7"><subfield code="a">Wirtschaftspolitik</subfield><subfield code="0">(DE-588)4066493-4</subfield><subfield code="2">gnd</subfield><subfield code="9">rswk-swf</subfield></datafield><datafield tag="650" ind1="0" ind2="7"><subfield code="a">Demokratie</subfield><subfield code="0">(DE-588)4011413-2</subfield><subfield code="2">gnd</subfield><subfield code="9">rswk-swf</subfield></datafield><datafield tag="689" ind1="0" ind2="0"><subfield code="a">Demokratie</subfield><subfield code="0">(DE-588)4011413-2</subfield><subfield code="D">s</subfield></datafield><datafield tag="689" ind1="0" ind2="1"><subfield code="a">Wirtschaftspolitik</subfield><subfield code="0">(DE-588)4066493-4</subfield><subfield code="D">s</subfield></datafield><datafield tag="689" ind1="0" ind2=" "><subfield code="8">1\p</subfield><subfield code="5">DE-604</subfield></datafield><datafield tag="776" ind1="0" ind2="8"><subfield code="i">Erscheint auch als</subfield><subfield code="n">Druckausgabe</subfield><subfield code="z">978-0-521-00441-1</subfield></datafield><datafield tag="776" ind1="0" ind2="8"><subfield code="i">Erscheint auch als</subfield><subfield code="n">Druckausgabe</subfield><subfield code="z">978-0-521-80294-9</subfield></datafield><datafield tag="856" ind1="4" ind2="0"><subfield code="u">https://doi.org/10.1017/CBO9780511810404</subfield><subfield code="x">Verlag</subfield><subfield code="z">URL des Erstveröffentlichers</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">ZDB-20-CBO</subfield></datafield><datafield tag="999" ind1=" " ind2=" "><subfield code="a">oai:aleph.bib-bvb.de:BVB01-029328211</subfield></datafield><datafield tag="883" ind1="1" ind2=" "><subfield code="8">1\p</subfield><subfield code="a">cgwrk</subfield><subfield code="d">20201028</subfield><subfield code="q">DE-101</subfield><subfield code="u">https://d-nb.info/provenance/plan#cgwrk</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.1017/CBO9780511810404</subfield><subfield code="l">BSB01</subfield><subfield code="p">ZDB-20-CBO</subfield><subfield code="q">BSB_PDA_CBO</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.1017/CBO9780511810404</subfield><subfield code="l">UBG01</subfield><subfield code="p">ZDB-20-CBO</subfield><subfield code="q">UBG_PDA_CBO</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield></record></collection> |
| id | DE-604.BV043919131 |
| illustrated | Not Illustrated |
| indexdate | 2024-07-10T07:38:32Z |
| institution | BVB |
| isbn | 9780511810404 |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-029328211 |
| oclc_num | 967415700 |
| open_access_boolean | |
| owner | DE-12 DE-473 DE-BY-UBG |
| owner_facet | DE-12 DE-473 DE-BY-UBG |
| physical | 1 online resource (xxiv, 306 pages) |
| psigel | ZDB-20-CBO ZDB-20-CBO BSB_PDA_CBO ZDB-20-CBO UBG_PDA_CBO |
| publishDate | 2002 |
| publishDateSearch | 2002 |
| publishDateSort | 2002 |
| publisher | Cambridge University Press |
| record_format | marc |
| series2 | Cambridge studies in comparative politics |
| spelling | Franzese, Robert J. 1969- Verfasser aut Macroeconomic policies of developed democracies Robert J. Franzese, Jr Cambridge Cambridge University Press 2002 1 online resource (xxiv, 306 pages) txt rdacontent c rdamedia cr rdacarrier Cambridge studies in comparative politics Title from publisher's bibliographic system (viewed on 05 Oct 2015) Machine generated contents note: 1 INTRODUCTION -- 1.1 Overview -- 1.2 The Democratic Commitments to Government -- Involvement in the Macroeconomy -- 1.3 The Evolution of the Policy Commitments and of -- A/acroeconomic Performance -- 1.4 Explaining Policy and Outcome Variation across -- Democracies over Time -- 1.5 The Political-Economic Implications -- 1.6 Conclusion -- 2 THE DEMOCRATIC COMMITMENT TO SOCIAL -- INSURANCE -- 2.1 Introduction: Motivation, the Explanandum, and a -- Road Map -- 2.2 Economic Inequality and Demand for Transfers in -- Pure Democracy -- 2.3 Democratic Management of Transfer Systems by -- Elected Governments -- 2.4 The Data and Empirical Methods -- 2.5 Empirical Evaluation of the Positive Political -- Economy of Transfers -- 2.6 Discussion, Conclusions, and Implications -- 3 FINANCING THE COMMITMENTS: PUBLIC DEBT -- 3.1 Introduction: Motivation, the Explanandum, and a / -- Road Map -- 3.2 Democratic Management of Public Debt: Theories, -- Measures, Stylized Facts -- - -- 3.3 Empirical Evaluation of the Positive Political -- Economy of Public Debt -- 3.4 Discussion, Conclusions, and Implications -- 4 MONETARY MANAGEMENT OF THE -- MACROECONOMY -- 4.1 Introduction: Motivation, the Explanandum, and a -- Road Map -- 4.2 Monetary-Policy-Making and Wage-Price-Bargaining -- Institutions -- 4.3 A Proposed Synthesis and Extension: -- Institutional-Structural Interactions -- 4.4 Empirical Evaluation of the Positive Political -- Economy of Monetary Policy Making and -- Wage-Price Bargaining -- 4.5 Discussion, Conclusions, and Implications -- 5 COMPARATIVE DEMOCRATIC POLITICAL- -- ECONOMY AND MACROECONOAI C -- POLICY MAKING -- 5.1 Concluding Themes -- 5.2 A Prospective Overview -- References -- Index This book synthesizes and extends modern political-economic theory to explain the postwar evolution of macroeconomic policy in developed democracies. Chapters 2-4 study transfers, debt, and monetary/wage policy-making and outcomes, stressing that participation enhances transfer-policy responsiveness to inequality and vice versa, that policy-making veto actors retard fiscal-policy adjustments, inducing greater long-run debt-responses to all other political-economic stimuli, and that monetary policy's nominal and real effects depend, respectively, on the broader political-economic interest-structure and on wage-price bargainers' sectorial composition and coordination. Broadly, the book argues that these developments have exacerbated the distributional conflicts inherent in the policies to which postwar governments had committed while undermining their more-universally desired efficiency-fostering roles. Battles that once raged primarily over policies conducted within postwar-commitment frameworks now rage over the putative 'reforms' of the frameworks that will set the institutional rules within which democratic struggle over macroeconomic policy and free-market competition will continue Wirtschaftspolitik Economic policy Comparative economics Democracy Wirtschaftspolitik (DE-588)4066493-4 gnd rswk-swf Demokratie (DE-588)4011413-2 gnd rswk-swf Demokratie (DE-588)4011413-2 s Wirtschaftspolitik (DE-588)4066493-4 s 1\p DE-604 Erscheint auch als Druckausgabe 978-0-521-00441-1 Erscheint auch als Druckausgabe 978-0-521-80294-9 https://doi.org/10.1017/CBO9780511810404 Verlag URL des Erstveröffentlichers Volltext 1\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk |
| spellingShingle | Franzese, Robert J. 1969- Macroeconomic policies of developed democracies Machine generated contents note: 1 INTRODUCTION -- 1.1 Overview -- 1.2 The Democratic Commitments to Government -- Involvement in the Macroeconomy -- 1.3 The Evolution of the Policy Commitments and of -- A/acroeconomic Performance -- 1.4 Explaining Policy and Outcome Variation across -- Democracies over Time -- 1.5 The Political-Economic Implications -- 1.6 Conclusion -- 2 THE DEMOCRATIC COMMITMENT TO SOCIAL -- INSURANCE -- 2.1 Introduction: Motivation, the Explanandum, and a -- Road Map -- 2.2 Economic Inequality and Demand for Transfers in -- Pure Democracy -- 2.3 Democratic Management of Transfer Systems by -- Elected Governments -- 2.4 The Data and Empirical Methods -- 2.5 Empirical Evaluation of the Positive Political -- Economy of Transfers -- 2.6 Discussion, Conclusions, and Implications -- 3 FINANCING THE COMMITMENTS: PUBLIC DEBT -- 3.1 Introduction: Motivation, the Explanandum, and a / -- Road Map -- 3.2 Democratic Management of Public Debt: Theories, -- Measures, Stylized Facts -- - -- 3.3 Empirical Evaluation of the Positive Political -- Economy of Public Debt -- 3.4 Discussion, Conclusions, and Implications -- 4 MONETARY MANAGEMENT OF THE -- MACROECONOMY -- 4.1 Introduction: Motivation, the Explanandum, and a -- Road Map -- 4.2 Monetary-Policy-Making and Wage-Price-Bargaining -- Institutions -- 4.3 A Proposed Synthesis and Extension: -- Institutional-Structural Interactions -- 4.4 Empirical Evaluation of the Positive Political -- Economy of Monetary Policy Making and -- Wage-Price Bargaining -- 4.5 Discussion, Conclusions, and Implications -- 5 COMPARATIVE DEMOCRATIC POLITICAL- -- ECONOMY AND MACROECONOAI C -- POLICY MAKING -- 5.1 Concluding Themes -- 5.2 A Prospective Overview -- References -- Index Wirtschaftspolitik Economic policy Comparative economics Democracy Wirtschaftspolitik (DE-588)4066493-4 gnd Demokratie (DE-588)4011413-2 gnd |
| subject_GND | (DE-588)4066493-4 (DE-588)4011413-2 |
| title | Macroeconomic policies of developed democracies |
| title_auth | Macroeconomic policies of developed democracies |
| title_exact_search | Macroeconomic policies of developed democracies |
| title_full | Macroeconomic policies of developed democracies Robert J. Franzese, Jr |
| title_fullStr | Macroeconomic policies of developed democracies Robert J. Franzese, Jr |
| title_full_unstemmed | Macroeconomic policies of developed democracies Robert J. Franzese, Jr |
| title_short | Macroeconomic policies of developed democracies |
| title_sort | macroeconomic policies of developed democracies |
| topic | Wirtschaftspolitik Economic policy Comparative economics Democracy Wirtschaftspolitik (DE-588)4066493-4 gnd Demokratie (DE-588)4011413-2 gnd |
| topic_facet | Wirtschaftspolitik Economic policy Comparative economics Democracy Demokratie |
| url | https://doi.org/10.1017/CBO9780511810404 |
| work_keys_str_mv | AT franzeserobertj macroeconomicpoliciesofdevelopeddemocracies |