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 Research Projects at the MPIfG

Exploring the Political Room for Maneuver: Growth Models and the Role of Government Coalition Making

Erik Neimanns


 
Over the last decades, comparative political economy has paid only limited attention to the political determinants of macroeconomic policy. However, emerging research on growth models in the post-Keynesian era demonstrates how different emphases on exports or aggregate demand are associated with distinct patterns of social inequality and economic instability. Focusing on individual voters’ preferences towards macroeconomic policies and on the formation of coalition governments, the project examines the room for maneuver political parties have in changing growth models. Particular attention is devoted to the process of government coalition formation to examine how far the preferences of economically disadvantaged individuals, which should reveal a high propensity to demand change in macroeconomic policies, are represented in government policymaking, and to what extent the political-economic constraints imposed by liberalized market economies bind governments to maintain the status quo. The project uses a quantitative research design applying regression analyses of macroeconomic indicators, partisan composition of governments, and individual-level preferences towards macroeconomic policies for the industrialized Western countries from the 1970s onwards. Project duration: October 2018 to September 2020.
 

 
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