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"The authors construct a provocative theory on the selection of leaders and present specific formal models from which their central claims can be deduced. They show how political leaders allocate resources and how institutions for selecting leaders create incentives for leaders to pursue good...
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risk. Both academicians and policy practitioners have yet to fully appreciate the risk-assessment function played by … election in Pakistan. The election is used herein as an event study to assess how stock and bond traders responded to confirmed …
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affiliation of the future governor is a source of political risk to firms considering business investment. More importantly, the … year of a gubernatorial election, the elasticity of investment to the eventual margin of victory is 0.027. Both the …
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month prior to an election than in other months of the same national election cycle, conditional on country effects, time … Presidential Election could see a large rise in economic policy uncertainty. It also suggests larger spikes in uncertainty around …
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