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(P/E) during US presidential election cycles. We document evidence over six elections, that as the probable winner of the … election becomes clearer, markets surprisingly respond with decreases in P/E ratios. We consider that our results are … results should be of great interest to researchers concerned with market reaction to election cycles, public policy, and the …
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Through social media, politicians can personalize their campaigns and target specific groups of voters with an unprecedented precision. We assess the effects of such political micro-targeting by exploiting daily advertising prices on Facebook during the 2016 US presidential campaign. We measure...
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2008 US presidential election, the first political campaign where the internet played a key role. Drawing on data from the …
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