Title:

The Presidential Puzzle: Political Cycles and the Stock Market

Authors:

Pedro Santa Clara (UCLA)
Rossen Valkanov (UCLA)

Journal:

Journal of Finance

Year:

2003

Volume:

58

Pages:

1841-1872

JEL codes:

D72 - Economic Models of Political Processes: Rent-Seeking, Elections, Legislatures, and Voting Behavior
G12 - Asset Pricing; Trading volume; Bond Interest Rates
G14 - Information and Market Efficiency; Event Studies