firm owners are optimistic regarding their expected business development before state elections. After state elections … optimistic prior to state elections because politicians promised individual policies to gratify the firms’ needs during election … times. Firms might be disappointed after elections as the promises made during election campaigns by politicians turn out to …

major national elections. Using a unique dataset that draws on data covering some 250 banksin 19 Eurozone countries from … European banks increase loan rates for corporate and housing loans ahead of elections. This supports the view that loan pricing … the impact of elections is more pronounced for small banks, as well as obtain some evidence that elections affect the …

. The results show that realized investment ratios decreased in years when state elections occurred relative to the average … develop better before state elections and worse after state elections. The second part of this dissertation investigates how …

when state elections occurred relative to the average investment ratio in years with no state election. Firms however seem …