U.S. presidential approval is a topic that has long attracted the interest of political pundits, journalists, candidates and voters. Academic studies of presidential approval have been dominated by political scientists while economists have focused on the president’s political party and...

U.S. presidential approval is a topic that has long attracted the interest of political pundits, journalists, candidates and voters. Academic studies of presidential approval have been dominated by political scientists while economists have focused on the president’s political party and...

According to the author the US economy is not in such a bad condition as usually depicted, but the relapse into a severe recession and uncertainty after thirty years of uninterrupted upward movements has been shocking. President Ford, although facing a self-assertive Congress, with his gradual...

We document that trust in public institutions "and particularly trust in banks, business and government" has declined over recent years. U.S. time series evidence suggests that this partly reflects the pro-cyclical nature of trust in institutions. Cross-country comparisons reveal a clear legacy...

We document that trust in public institutions - and particularly trust in banks, business and government - has declined over recent years. U.S. time series evidence suggests that this partly reflects the pro-cyclical nature of trust in institutions. Cross-country comparisons reveal a clear...