Paper Search Console

Home Search Page About Contact

Journal Title

Title of Journal: Empir Econ

Search In Journal Title:

Abbravation: Empirical Economics

Search In Journal Abbravation:

Publisher

Springer Berlin Heidelberg

Search In Publisher:

DOI

10.1007/bf02923096

Search In DOI:

ISSN

1435-8921

Search In ISSN:
Search In Title Of Papers:

Politics stock markets and model uncertainty

Authors: K Peren Arin Alexander Molchanov Otto F M Reich
Publish Date: 2012/06/06
Volume: 45, Issue: 1, Pages: 23-38
PDF Link

Abstract

The available evidence on the effects of political variables on both returns and volatility of aggregate stock indices is scant and mixed Applying Bayesian Model Averaging to a panel dataset of 17 parliamentary democracies spanning the postwar period until 1995 we test the robustness of political variables in explaining stock returns and stock return volatility While we find that the influence of political variables on excess returns is weak there is evidence of some political variables explaining return volatility

Keywords:

References

.
Search In Abstract Of Papers:
Other Papers In This Journal:
  1. Long-term links between raw materials prices, real exchange rate and relative de-industrialization in a commodity-dependent economy: empirical evidence of “Dutch disease” in Colombia
  2. Estimating the efficiency of general practitioners controlling for case mix and outlier effects
  3. Ricardian equivalence and fiscal distortions in the Dominican Republic
  4. The impact of home production on economic inequality in Germany
  5. The duration of business cycle expansions and contractions: are there change-points in duration dependence?
  6. Macroeconomic effects of fiscal policy in the European Union: a GVAR model
  7. Convergence in per-capita GDP across European regions: a reappraisal
  8. State dependence in welfare receipt: transitions before and after a reform
  9. Distribution dynamics of regional GDP per employee in unified Germany
  10. A micro spatial analysis of firm demography: the case of food stores in the area of Trento (Italy)
  11. The missing trade of China: balls-and-bins model
  12. The role of permanent and transitory components in business cycle volatility moderation
  13. The elasticity of taxable income of high earners: evidence from Hungary
  14. Easy grading practices and supply–demand factors: evidence from Italy
  15. Savings and investments in the OECD: a panel cointegration study with a new bootstrap test
  16. Evaluating the state of competition and the welfare losses in the Greek manufacturing sector: an extended Hall–Roeger approach
  17. Joint estimation of the Lerner index and cost efficiency using copula methods
  18. Assessing the predictive power of financial spreads in the euro area: does parameters instability matter?
  19. Nonlinearities in economic growth and club convergence
  20. A panel data approach to price–value correlations
  21. Structural interactions in spatial panels
  22. Estimation of structural gravity quantile regression models
  23. Comment on: “Optimal dynamic production from a large oil field in Saudi Arabia”
  24. Evidence on copula-based double-hurdle models with flexible margins
  25. How do financial cycles affect public debt cycles?
  26. Bankruptcy in the pulp and paper industry: market’s reaction and prediction
Search Result: