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dc.contributor.advisorLebo, Matthew Jen_US
dc.contributor.authorKey, Ellenen_US
dc.contributor.otherDepartment of Political Scienceen_US
dc.date.accessioned2013-05-22T17:34:54Z
dc.date.available2013-05-22T17:34:54Z
dc.date.issued1-Aug-12en_US
dc.date.submitted12-Augen_US
dc.identifierKey_grad.sunysb_0771E_11036en_US
dc.identifier.urihttp://hdl.handle.net/1951/59721
dc.description158 pg.en_US
dc.description.abstractAlthough political scientists have devoted thousands of pages to the role economic conditions play in political evaluations, less attention has been devoted to the role politics plays in explaining changes in economic behavior and the macroeconomy. Similarly, economists have spent decades studying the factors that lead to changes in macroeconomic conditions but have ignored most political variables. Linking the two literatures, I argue that in order to fully understand the economy one needs to incorporate politics--specifically presidential approval--and the media in addition to variables typically employed in macroeconomic models. This dissertation addresses three overlapping research questions. I first introduce a new measure of media sentiment and test its usefulness in a model of presidential approval. In the second empirical chapter, I examine the relationship between consumer confidence and presidential approval during two very different presidencies. Finally, I explore the effect of politics not just on economic behavior but also on volatility in that behavior. I find that consumer expenditures respond not only to the level of approval but also to volatility in approval. This provides evidence of the importance of political stability to economic growth in the United States, something long acknowledged in the comparative literature but largely absent from studies of the U.S. economy and politics.en_US
dc.description.sponsorshipStony Brook University Libraries. SBU Graduate School in Department of Political Science. Charles Taber (Dean of Graduate School).en_US
dc.formatElectronic Resourceen_US
dc.language.isoen_USen_US
dc.publisherThe Graduate School, Stony Brook University: Stony Brook, NY.en_US
dc.subject.lcshPolitical Scienceen_US
dc.subject.otherConsumer Spending, Economic Voting, Lydia, Presidential Approval, Text Analysisen_US
dc.titleThe Political Economy: Political Determinants of the Macroeconomyen_US
dc.typeDissertationen_US
dc.description.advisorAdvisor(s): Lebo, Matthew J. Committee Member(s): Segal, Jeffrey ; Norpoth, Helmut ; Box-Steffensmeier, Janet.en_US
dc.mimetypeApplication/PDFen_US


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