Exhibit 707 ยท Peer-reviewed article
Presidents and the US Economy: An Econometric Exploration
Rather, it appears that the Democratic edge stems mainly from more benign oil shocks, superior total factor productivity (TFP) performance, a more favorable international environment, and perhaps more optimistic consumer expectations about the near-term future.
Finds the US economy performed better under Democratic presidents on most measures. Attributes the gap mainly to more benign oil shocks, better total factor productivity, a more favorable international environment and perhaps more optimistic consumer expectations, not to more expansionary monetary or fiscal policy. Known from the EconPapers abstract page. Relevant as the strongest published qualification of how to read Bartels's party-of-president income-growth pattern.
- Source
- Alan S. Blinder and Mark W. Watson, American Economic Review 106(4), pp. 1015-1045
- Date
- April 2016
- Quoted from
- Abstract (Blinder and Watson, Am Econ Rev 106(4): 1015-1045), via Crossref
- Grade
- Peer-reviewed
- Document
- https://doi.org/10.1257/aer.20140913
- Accessed
- 2026-11-09
- Cited by
- Findings citing this exhibit