Fungáčová, Zuzana; Karas, Alexei; Solanko, Laura; … - 2022
Russia has witnessed a high number of bank failures over the last two decades. Using monthly data for 2002 …-2020, spanning four election cycles, we test the hypothesis that bank failures are less likely before presidential elections. We find … that bank failures are less likely to occur in the twelve months leading up to an election. However, we do not observe …