Bialkowski, Jedrzej; Gottschalk, Katrin; Wisniewski, … - In: Applied Financial Economics Letters 3 (2007) 4, pp. 269-273
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...