Legislative Pivots, Presidential Powers, and Policy Stability

Brian F. Crisp, Scott W. Desposato and Kristin Kanthak

The Journal of Law, Economics, and Organization, 2011, vol. 27, issue 2, 426-452

Abstract: 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. The Author 2009. Published by Oxford University Press on behalf of Yale University. All rights reserved. For Permissions, please email: journals.permissions@oxfordjournals.org, Oxford University Press.

Date: 2011
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