Chang, Chun-Ping; Lee, Chien-Chiang - In: Journal of Economic Policy Reform 13 (2010) 3, pp. 251-258
While voters may punish governments for worsening economic conditions, they may not reward them symmetrically for improving conditions. We examine whether US macroeconomic conditions affect Presidential approval asymmetrically using quarterly data from 1961_I to 2009_II. The results suggest that...