Political orientation of government and stock market returns

Prior research documented that the US stock prices tend to grow faster during the Democratic than the Republican administrations. This article examines whether stock returns in other countries also depend on the political orientation of the incumbents. An analysis of 24 stock markets and 173 differe...

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Veröffentlicht in:	Applied financial economics letters 2007-07, Vol.3 (4), p.269-273
Hauptverfasser:	Bialkowski, Jedrzej, Gottschalk, Katrin, Wisniewski, Tomasz Piotr
Format:	Artikel
Sprache:	eng
Online-Zugang:	Volltext
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