Federal Reserve Bank of Dallas
نویسنده
چکیده
The relationship between economic conditions and voting behavior is evaluated in the context of U.S. presidential elections, 1916-1984. The approach represents a reapplication of the model employed by Gerald Kramer (1971) in an earlier study of congressional elections. A critique of the Kramer model by George Stigler (1973) is reconsidered in this different context, with application of a Chow test and analysis of the predictive errors in fact providing strong support for Kramer's basic model. The systematic explanatory power that is evidenced opposes Sti9ler's claim that the framework lacks robustness.
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Bank Acquisition Determinants: Implications for Small Business Credit - FRB Dallas
The views expressed are those of the author and do not necessarily reflect the position of the Federal Reserve Bank of Dallas or the Federal Reserve System.
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