This empirical study seeks to identify determinants of the Presidential approval rating in the United States. Instrumental variables estimation reveals that, over the 1960-1997 study period, the Presidential approval rating was positively affected by the 1991 Gulf War (a “popular” war), a...

Internet increasingly serves not only to communication between it's users. The emergence of Web 2.0 platforms which are peculiar to publication of various content (including images, movies, music, links to interesting sites) allowed to release of activity and commitment of millions of people...