3 The Costs of Inflation

Chapters in this book

1. Frontmatter i
2. Acknowledgments vii
3. Contents xi
4. Introduction: A Framework for the Analysis of Macroeconomics and Electoral Politics 1
5. I Macroeconomic and Institutional Background
6. 1 Postwar American Macroeconomic Performance in Historical Perspective 13
7. 2 The Costs of Unemployment 43
8. 3 The Costs of Inflation 63
9. II The Demand for Economic Outcomes
10. 4 Public Concern about Inflation and Unemployment 127
11. 5 Macroeconomic Performance and Mass Political Support for the President 142
12. 6 Economic Performance and the 1980 and 1984 National Elections 185
13. III The Supply of Economic Outcomes
14. 7 Political Parties and Macroeconomic Policies and Outcomes 213
15. 8 Political Business Cycles 255
16. 9 Macroeconomic and Distributional Outcomes during Reagan's First Four Years 280
17. Notes 329
18. Index 396