Michael D. McDonald and Ian Budge
- Published in print:
- 2005
- Published Online:
- February 2006
- ISBN:
- 9780199286720
- eISBN:
- 9780191603327
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/0199286728.003.0010
- Subject:
- Political Science, Comparative Politics
Policy outcomes are rather stable while politics in the short-term are in a state of flux — one which oscillates round long-term equilibrium point which is fairly stable within each country. Such ...
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Policy outcomes are rather stable while politics in the short-term are in a state of flux — one which oscillates round long-term equilibrium point which is fairly stable within each country. Such well-established policy positions distinguish long-term policy regimes within each country. To change these, governments need popular support over fairly long periods of time, which usually is not forthcoming. Typically, actual policy outputs oscillate round a long-term equilibrium, which does not change very much over a four or five election period.Less
Policy outcomes are rather stable while politics in the short-term are in a state of flux — one which oscillates round long-term equilibrium point which is fairly stable within each country. Such well-established policy positions distinguish long-term policy regimes within each country. To change these, governments need popular support over fairly long periods of time, which usually is not forthcoming. Typically, actual policy outputs oscillate round a long-term equilibrium, which does not change very much over a four or five election period.
Harold L. Cole
- Published in print:
- 2020
- Published Online:
- April 2020
- ISBN:
- 9780190076030
- eISBN:
- 9780190076078
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/oso/9780190076030.003.0001
- Subject:
- Economics and Finance, Econometrics, Macro- and Monetary Economics
Introduces the text and lays out the vision as to what is to be covered and how this will be done. The chapter discusses the role of quantitative analysis in policy debates and how the text will ...
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Introduces the text and lays out the vision as to what is to be covered and how this will be done. The chapter discusses the role of quantitative analysis in policy debates and how the text will prepare the reader to engage in and understand these debates in Macroeconomics.Less
Introduces the text and lays out the vision as to what is to be covered and how this will be done. The chapter discusses the role of quantitative analysis in policy debates and how the text will prepare the reader to engage in and understand these debates in Macroeconomics.
