Presidential preferences for inflation versus unemployment

Article Abstract:

Presidents are more likely to adopt economic policy measures that reflect a more balanced view toward unemployment and inflation. An analysis of the economic policy preferences of six presidential administrations reveal that these presidents choose to pursue their own preferences rather than assuming their party's economic platform. A well- recieved president is more likely to be successful in adopting policy measures that reflect his party's economic policy.

Political aspects, Presidents, Presidents (Government), Inflation (Finance), Inflation (Economics)

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Equilibrium vacancy and unemployment: a flow approach to the Beveridge curve

Article Abstract:

An analysis of equilibrium vacancy and unemployment is presented. The analysis focuses on factors which conditioned the unemployment-vacancy curve and applies data from Germany for the period covering 1977 to 1988. Results show that long-run equilibrium unemployment and vacancy conditions have changed and the curve has shifted partly due to an increased ineffectivity of worker search activity and unresponsive wages.

Research, Economic aspects, Germany, Unemployment, Equilibrium (Economics)

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Appointments, presidential power, and the Federal Reserve

Article Abstract:

The authors argue that the Federal Reserve Board is not influenced by the president as much as is publicly perceived, drawing on analyses of the institutional interaction between the Board and the executive office. Data provided ranges from 1953 to 1992 and includes number of seats each president filled, number of months their appointees served, and whether appointees were economists or fellow partisans.

United States, Federal Reserve Banks, Monetary Authorities - Central Bank, Statistical Data Included, Banking industry, Analysis, Officials and employees, Political activity, United States. Federal Reserve Board

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