DEFICITS, POLITICS AND MONEY GROWTH

We examine the linkage between Federal deficits and money growth by allowing the Fed's response to any given deficit to vary systematically according to how the deficit is generated and the Party affiliation of the current president. In equations for Ml and monetary base growth, the structural deficit is consistently significant and invariant across political changes, while the cyclical component of the deficit (or a direct measure of the business cycle) is significant only during the tenure of Democratic presidents.     

ELECTORAL POLITICS AND THE EXECUTIVE VETO: A PREDICTIVE THEORY

We argue that winner-take-all voting in states and the unequal distribution of electoral votes across states in presidential elections makes incumbent presidents rationally place more weight on the preferences of voters in closely contested, larger states when making policy decisions. This hypothesis is tested by examining whether presidential veto decisions are influenced by the floor votes of senators from these electorally crucial states. In a pooled sample of 325 individual bills from 1970 through 1988, we find significant evidence of this behavior by incumbent presidents.     

Parental Participation in Child Protection Work: Rethinking the Rhetoric

Correspondence to Brian Corby, University of Liverpool, Department of Sociology, Social Policy and Social Work Studies, Eleanor Rathbone Building, Myrtle Street, PO Box 147, Liverpool L69 3BX Summary Parental participation and, to a lesser extent, that of childrenat child protection conferences is seen as an important elementin resolving some of the conflicts that beset child protectionwork. Using data from a study of participation in one metropolitanborough, those outcomes that are generally regarded as positivein this respect are critically examined. Our findings suggestthat the optimism of advocates of participation is not whollyjustified. While at a basic level, parents are better informedthan before, their involvement in all aspects of the decision-makingprocess remains very limited. We conclude by arguing that thereis a need for more realism about the extent to which all parentscan be actively involved in making decisions about the futureprotection of their children. We point to the need for greaterrecognition of conflicts of interests between parents, professionalsand children and to the need for changes in the child protectionconference system in order to ensure more ethical and effectiveparticipation.