Similar Search Results

Corporate campaign contributions as a predictor for abnormal stock returns after presidential elections

Huber, Jürgen; Kirchler, Michael - 2008

Contributions by investor-owned companies play major roles in financing the campaigns of candidates for elective office in the United States. We look at the presidential level and analyze contributions by companies before an election and their stock market performance following US presidential...

Persistent link: https://www.econbiz.de/10009733230

Corporate campaign contributions as a predictor for abnormal stock returns after presidential elections

Huber, Jürgen; Kirchler, Michael - 2008

Persistent link: https://www.econbiz.de/10003877194

Interest Groups, Democracy, and Policy Volatility

Heckelman, Jac C. - 2015

Democratic polities appear to produce more stable policy than do autocracies. In this paper, we explore a potential source of the policy stability observed in democracies: special-interest groups. We find that interest groups are associated with greater stability in some measures of policy and...

Persistent link: https://www.econbiz.de/10013021732

What moves political ideology? : an economic analysis of electoral volatility in France since 1889

Facchini, François; Melki, Mickaël - 2013

The theory of economic voting has extensively explored the influence of national economic conditions on votes for the … of voting swings in the sense of change in votes for non-governing parties. This is owed to the limitations of the theory … the incumbent at the heart of the theory of economic voting explains only a marginal part of total electoral volatility …

Persistent link: https://www.econbiz.de/10009724043

What Moves Political Ideology? An Economic Analysis of Electoral Volatility in France Since 1889

Facchini, François; Melki, Mickael - 2021

Persistent link: https://www.econbiz.de/10013315805

Measuring electoral competitiveness : with application to the Indian States

Bhusana Dash, Bharatee; Ferris, J. Stephen; Winer, … - 2018

We consider alternative methods of measuring the competitiveness of a majoritarian electoral system in the context of an analysis of Indian State elections. Our analysis highlights a number of weaknesses in the construction and interpretation of commonly used measures such as the effective...

Persistent link: https://www.econbiz.de/10011898986

Tax Policy Uncertainty and Stock Return Volatility

Brown, Jennifer L. - 2017

This study finds that stock return volatility is higher during periods of high tax policy uncertainty (TPU), even after controlling for other sources of general macroeconomic uncertainty. Further, we find that the relation between TPU and stock return volatility is more pronounced where firms...

Persistent link: https://www.econbiz.de/10012973819

Electoral Volatility and Pre-Electoral Alliances

Invernizzi, Giovanna Maria - 2022

In multi-party systems, parties often form alliances before elections. What brings competing parties to coalesce into new entities? I present a model of electoral competition in which parties can form pre-electoral alliances and decide how binding these should be. Parties face a dynamic...

Persistent link: https://www.econbiz.de/10013293639

Why do stock markets negatively price democracy?

Bonaparte, Yosef - In: Journal of international financial markets, … 91 (2024), pp. 1-18

Persistent link: https://www.econbiz.de/10014494751

Two to tangle: Financial development, political instability and economic growth in Argentina

Campos, Nauro F.; Karanasos, Menelaos G.; Tan, Bin - In: Journal of Banking & Finance 36 (2012) 1, pp. 290-304

This paper studies the impact of financial liberalization on economic growth. It contributes to this literature by using an innovative econometric methodology and a unique data set of historical series. It presents power ARCH estimates for Argentina for the period from 1896 to 2000. The main...

Persistent link: https://www.econbiz.de/10010582661