A Note on Stock Market Response To Elections in the Post-Communist Countries of the European Union

dc.contributor.author Tavsanli, Melike Betul
dc.contributor.author Tinic, Murat
dc.date.accessioned 2023-10-19T15:12:23Z
dc.date.available 2023-10-19T15:12:23Z
dc.date.issued 2023
dc.description.abstract We examine the stock market response to parliamentary elections in post-communist countries of the European Union. We document that the long-term market response to an election is -200 basis points (bps). The response is symmetric across the ideology of the winner party. Moreover, we show that aggregate responses are driven by elections with policy uncertainty due to the transition of power across ideologies. The long-term market response to right (left) victories after left (right) governments is -500 bps (-600bps). en_US
dc.identifier.doi 10.1080/13504851.2022.2063788 en_US
dc.identifier.issn 1350-4851
dc.identifier.issn 1466-4291
dc.identifier.scopus 2-s2.0-85129335440 en_US
dc.identifier.uri https://doi.org/10.1080/13504851.2022.2063788
dc.identifier.uri https://hdl.handle.net/20.500.12469/5431
dc.language.iso en en_US
dc.publisher Routledge Journals, Taylor & Francis Ltd en_US
dc.relation.ispartof Applied Economics Letters en_US
dc.rights info:eu-repo/semantics/closedAccess en_US
dc.subject Political Uncertainty En_Us
dc.subject 2-Party System En_Us
dc.subject Policy En_Us
dc.subject Economy En_Us
dc.subject Risk En_Us
dc.subject Political Uncertainty
dc.subject Policy uncertainty en_US
dc.subject 2-Party System
dc.subject elections en_US
dc.subject Policy
dc.subject stock market response en_US
dc.subject Economy
dc.subject event study en_US
dc.subject Risk
dc.subject European Union en_US
dc.title A Note on Stock Market Response To Elections in the Post-Communist Countries of the European Union en_US
dc.type Article en_US
dspace.entity.type Publication
gdc.author.id TAVSANLI, MELIKE BETUL/0000-0002-6961-5404
gdc.bip.impulseclass C5
gdc.bip.influenceclass C5
gdc.bip.popularityclass C5
gdc.coar.access metadata only access
gdc.coar.type text::journal::journal article
gdc.collaboration.industrial false
gdc.description.departmenttemp [Tavsanli, Melike Betul; Tinic, Murat] Kadir Has Univ, Dept Int Trade & Finance, TR-34083 Cibali, Fatih Istanbul, Turkey en_US
gdc.description.endpage 1487 en_US
gdc.description.issue 11 en_US
gdc.description.publicationcategory Makale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı en_US
gdc.description.scopusquality Q2
gdc.description.startpage 1483 en_US
gdc.description.volume 30 en_US
gdc.description.wosquality Q3
gdc.identifier.openalex W4224145346
gdc.identifier.wos WOS:000782858000001 en_US
gdc.index.type WoS
gdc.index.type Scopus
gdc.oaire.diamondjournal false
gdc.oaire.impulse 0.0
gdc.oaire.influence 2.4895952E-9
gdc.oaire.isgreen false
gdc.oaire.keywords Risk
gdc.oaire.keywords Policy uncertainty
gdc.oaire.keywords 2-Party System
gdc.oaire.keywords Economy
gdc.oaire.keywords Political Uncertainty
gdc.oaire.keywords Policy
gdc.oaire.keywords elections
gdc.oaire.keywords European Union
gdc.oaire.keywords event study
gdc.oaire.keywords stock market response
gdc.oaire.popularity 1.7808596E-9
gdc.oaire.publicfunded false
gdc.oaire.sciencefields 05 social sciences
gdc.oaire.sciencefields 0506 political science
gdc.oaire.sciencefields 0502 economics and business
gdc.openalex.collaboration National
gdc.openalex.fwci 0.0
gdc.openalex.normalizedpercentile 0.04
gdc.opencitations.count 0
gdc.plumx.mendeley 4
gdc.plumx.scopuscites 0
gdc.scopus.citedcount 0
gdc.virtual.author Tiniç, Murat
gdc.wos.citedcount 0
relation.isAuthorOfPublication aa4f4456-8a8a-43b4-860b-3415380ff06b
relation.isAuthorOfPublication.latestForDiscovery aa4f4456-8a8a-43b4-860b-3415380ff06b
relation.isOrgUnitOfPublication 16202dfd-a149-4884-98fb-ada5f8c12918
relation.isOrgUnitOfPublication acb86067-a99a-4664-b6e9-16ad10183800
relation.isOrgUnitOfPublication b20623fc-1264-4244-9847-a4729ca7508c
relation.isOrgUnitOfPublication.latestForDiscovery 16202dfd-a149-4884-98fb-ada5f8c12918

Files

Original bundle

Now showing 1 - 1 of 1
No Thumbnail Available
Name:
5431.pdf
Size:
591.68 KB
Format:
Adobe Portable Document Format
Description:
Tam Metin / Full Text