  {"id":39679,"date":"2020-11-10T10:28:08","date_gmt":"2020-11-10T15:28:08","guid":{"rendered":"https:\/\/carleton.ca\/economics\/?p=39679"},"modified":"2025-06-12T13:24:17","modified_gmt":"2025-06-12T17:24:17","slug":"professor-stephen-ferris-paper-accepted-at-applied-economics","status":"publish","type":"post","link":"https:\/\/carleton.ca\/economics\/2020\/professor-stephen-ferris-paper-accepted-at-applied-economics\/","title":{"rendered":"Professor Stephen Ferris&#8217; paper accepted at Applied Economics!"},"content":{"rendered":"\n<section class=\"w-screen px-6 cu-section cu-section--white ml-offset-center md:px-8 lg:px-14\">\n    <div class=\"space-y-6 cu-max-w-child-5xl  md:space-y-10 cu-prose-first-last\">\n\n            <div class=\"cu-textmedia flex flex-col lg:flex-row mx-auto gap-6 md:gap-10 my-6 md:my-12 first:mt-0 max-w-5xl\">\n        <div class=\"justify-start cu-textmedia-content cu-prose-first-last\" style=\"flex: 0 0 100%;\">\n            <header class=\"font-light prose-xl cu-pageheader md:prose-2xl cu-component-updated cu-prose-first-last\">\n                                    <h1 class=\"cu-prose-first-last font-semibold !mt-2 mb-4 md:mb-6 relative after:absolute after:h-px after:bottom-0 after:bg-cu-red after:left-px text-3xl md:text-4xl lg:text-5xl lg:leading-[3.5rem] pb-5 after:w-10 text-cu-black-700 not-prose\">\n                        Professor Stephen Ferris&#8217; paper accepted at Applied Economics!\n                    <\/h1>\n                \n                                \n                            <\/header>\n\n                    <\/div>\n\n            <\/div>\n\n    <\/div>\n<\/section>\n\n\n\n<p>Congratulations to <a href=\"https:\/\/carleton.ca\/economics\/people\/ferris-j-stephen\/\">Professor Stephen Ferris<\/a>!&nbsp;His paper titled \u201c<a href=\"https:\/\/carleton.ca\/economics\/wp-content\/uploads\/sites\/112\/cep19-11.pdf\">Elections, Economic Outcomes and Policy in Canada: 1870 \u2013 2015<\/a>,\u201d&nbsp;(with Marcel-Cristian Voia) has been accepted for publication in <em>Applied Economics<\/em>!<\/p>\n\n\n\n<p><strong>Abstract<\/strong><\/p>\n\n\n\n<p>In this paper we examine the relationship between economic and electoral outcomes in Canada since Confederation (1867) and the role that economic policy has played in influencing this relationship.\u00a0 The results are consistent with voter concern for the overall performance of the economy in the incumbent\u2019s governing term\u2014the average growth rate of per capita GDP and average unemployment rate\u2014while rejecting the presence of a political business cycle. Evidence of an effect of performance on the stability of the political party system (as measured by party vote volatility) is even stronger. The results also suggest that economic policy has only indirect effects on election outcomes, the most direct being the destabilizing influence of tax increases on party structure. The data also are consistent with the use of policy for countercyclical stability (primarily through spending and deficits), fiscal response to voter turnout, the growth of both spending and deficits under larger governing majorities and compliant monetary response to fiscal deficits.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Congratulations to Professor Stephen Ferris!&nbsp;His paper titled \u201cElections, Economic Outcomes and Policy in Canada: 1870 \u2013 2015,\u201d&nbsp;(with Marcel-Cristian Voia) has been accepted for publication in Applied Economics! Abstract In this paper we examine the relationship between economic and electoral outcomes in Canada since Confederation (1867) and the role that economic policy has played in influencing [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":35213,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[1],"tags":[],"class_list":["post-39679","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":{"cu_post_thumbnail":""},"_links":{"self":[{"href":"https:\/\/carleton.ca\/economics\/wp-json\/wp\/v2\/posts\/39679","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/carleton.ca\/economics\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/carleton.ca\/economics\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/carleton.ca\/economics\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/carleton.ca\/economics\/wp-json\/wp\/v2\/comments?post=39679"}],"version-history":[{"count":3,"href":"https:\/\/carleton.ca\/economics\/wp-json\/wp\/v2\/posts\/39679\/revisions"}],"predecessor-version":[{"id":50130,"href":"https:\/\/carleton.ca\/economics\/wp-json\/wp\/v2\/posts\/39679\/revisions\/50130"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/carleton.ca\/economics\/wp-json\/wp\/v2\/media\/35213"}],"wp:attachment":[{"href":"https:\/\/carleton.ca\/economics\/wp-json\/wp\/v2\/media?parent=39679"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/carleton.ca\/economics\/wp-json\/wp\/v2\/categories?post=39679"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/carleton.ca\/economics\/wp-json\/wp\/v2\/tags?post=39679"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}