Bulletin n. 2/2011 | ||
October 2011 | ||
Crisp Brian F., Desposato Scott W., Kanthak Kristin |
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Legislative Pivots, Presidential Powers, and Policy Stability | ||
in Journal of Law, Economics, and Organization , Volume 27 Issue 2 August 2011 , 2011 , 426-452 | ||
We offer a general model of policy making across presidential systems, exploring how checks and balances interact with legislative party systems to determine the responsiveness of political systems to electoral change. Using the two dominant theories of policy making in the United States as a starting point, we formally model the legislative process across presidential regimes characterized by a wide array of institutional designs, simulate expected policy behavior, and then test our models empirically with data capturing economic policy choices. | ||