This paper examines two potential explanations of the January effect in the Swedish stock market for the period from … January 1919 to December 1994; The tax-loss selling hypothesis and the omitted risk factor hypothesis. We document … significantly higher returns in both January and July over the sample period. In addition, there is a seasonal pattern in the …

This paper presents a theoretical account of suffrage extensions from a specific perspective: the strategic role of the … middle class in the struggle for political power. Extensions are analyzed as a game among three players: the elite, the … middle class, and the poor. To thwart the threat presented by the poor, the elite had to cede economic and political power to …