• Political orientation of Government and Stock Market returns

      Bialkowski, J.; Gottschalk, K.; Wisniewski, T. (AUT Faculty of Business, 2006)
      Prior research documented that U.S. stock prices tend to grow faster during Democratic administrations than during Republican administrations. This letter examines whether stock returns in other countries also depend on ...
    • Stock market volatility around national elections

      Bialkowski, J.; Gottschalk, K.; Wisniewski, T. (AUT Faculty of Business, 2006)
      This paper investigates a sample of 27 OECD countries to test whether national elections induce higher stock market volatility. It is found that the country-specific component of index return variance can easily double ...