From 1940 to the present, the on-the-record consensus among Supreme Court justices fell precipitously relative to historical benchmarks. This paper first shows that Court consensus is closely associated with measures of consistency and stability of Court rulings. Then, an empirical model of...

From 1940 to the present, the on-the-record consensus among Supreme Court justices fell precipitously relative to historical benchmarks. This paper first shows that Court consensus is closely associated with measures of consistency and stability of Court rulings. Then, an empirical model of...

In spite of A. T. Peacock and J. Wiseman's (1961) NBER study demonstrating the 'displacement effect,' simplistic theoretical and empirical distinctions between temporary and permanent spending are common. In this paper, impulse response functions from ARMA models, as well as J. H. Cochrane's...