Democratic Processes and Financial Markets 1

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Democratic Processes and Financial Markets

William Bernhard • David Leblang • William Bernhard • David Leblang

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272 sidor
2006

Examines the conditions under which democratic events, including elections, cabinet formations, and government dissolutions, affect asset markets. Where these events have less predictable outcomes, market returns are depressed and volatility increases. To measure the predictability of political outcomes, the authors employ sophisticated models of the political process from political science.

Författare: William Bernhard, David Leblang, William Bernhard, David Leblang
Format: Pocket/Paperback
ISBN: 9780521678384
Språk: Engelska
Antal sidor: 272
Utgivningsdatum: 2006-07-24
Förlag: Cambridge University Press