Hardouvelis, Gikas; Thomakos, Dimitrios - Department of Economics, University of Peloponnese - 2007
We investigate the behavior of consumer confidence around national elections in the EU-15 coun- tries during 1985:1-2007:3. Consumer con¯dence increases before the date of elections and falls subsequently by almost the same amount. It is able to predict the strength of the performance of the...