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Using monthly data for the period 19532003, we apply a real-time modeling approach to investigate the implications of U.S. political stock market anomalies for forecasting excess stock returns. Our empirical findings show that political variables, selected on the basis of widely used model...
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that took place in New York City (NYC) on 11 September 2001, in Madrid on 11 March 2004, and in London on 7 July 2005. It …. US insurance firms were mostly influenced by the London and Madrid attacks. The Italian insurance sector was mostly … Madrid attack. U.S. leisure firms were severely affected by the NYC attack. The impact of the London terrorist attack was …
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