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

dc.authorid TAVSANLI, MELIKE BETUL/0000-0002-6961-5404
dc.contributor.author Tavsanli, Melike Betul
dc.contributor.author Tiniç, Murat
dc.contributor.author Tinic, Murat
dc.contributor.other International Trade and Finance
dc.date.accessioned 2023-10-19T15:12:23Z
dc.date.available 2023-10-19T15:12:23Z
dc.date.issued 2023
dc.department-temp [Tavsanli, Melike Betul; Tinic, Murat] Kadir Has Univ, Dept Int Trade & Finance, TR-34083 Cibali, Fatih Istanbul, Turkey en_US
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.citationcount 0
dc.identifier.doi 10.1080/13504851.2022.2063788 en_US
dc.identifier.endpage 1487 en_US
dc.identifier.issn 1350-4851
dc.identifier.issn 1466-4291
dc.identifier.issue 11 en_US
dc.identifier.scopus 2-s2.0-85129335440 en_US
dc.identifier.scopusquality Q3
dc.identifier.startpage 1483 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.identifier.volume 30 en_US
dc.identifier.wos WOS:000782858000001 en_US
dc.identifier.wosquality Q3
dc.khas 20231019-WoS en_US
dc.language.iso en en_US
dc.publisher Routledge Journals, Taylor & Francis Ltd en_US
dc.relation.ispartof Applied Economics Letters en_US
dc.relation.publicationcategory Makale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı en_US
dc.rights info:eu-repo/semantics/closedAccess en_US
dc.scopus.citedbyCount 0
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
dc.wos.citedbyCount 0
dspace.entity.type Publication
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relation.isOrgUnitOfPublication.latestForDiscovery 16202dfd-a149-4884-98fb-ada5f8c12918

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