"'What Did Margaret Thatcher Do'?: A Survey of the Thatcher Prime Ministership's Economic and Social Policies" endeavors to offer a systematic, grounded and properly contextualized, but still concise, summation of the British Prime Minister's conduct in the area of domestic economic and social...

All chief executives in modern democracies require that certain functions be performed; some of these functions are inherent in the nature executive power itself; some are necessitated by the expanding role of government; and some have to deal with the increasing complexity of public policy and a...

The goal of this paper is to develop an estimable model of President-Congress bargaining in the US, and to use this model to provide a better understanding of the objectives behind the New Deal. In the model, the distribution of federal funds across regions of the country is the outcome of a...

In the Kiel Discussion Paper 383, Horst Siebert puts up for discussion some considerations on how to reach a higher growth path in the European Union. The paper was prepared for the first meeting of the Group of Economic Analysis of the European Commission of which Horst Siebert is a member.¤...

The paper considers the analytical underpinnings of the scope for and limits of demand and supply management. After restating a general policy effectiveness result for New-Classical macroeconomic models, several non-Walrasan equilibrium models are considered. These use the efficiency wage...

“Reaganomics” is a popular term used to refer to the economic policies of Ronald W. Reagan, the 40th U.S. President (1981-1989), which called for widespread tax cuts, decreased social spending, increased military spending, and the deregulation of domestic markets. In this paper, we analyze...