The purpose of this paper is to examine the effect of elections on economic sentiment. Using monthly data from 14 EU countries over the 1985�2011 period, we show that there is a significant improvement, statistically and economically, of sentiment of the month that elections take place, but this effect is rather short lived, lasting on average less than two months.
© 2001-2024 Fundación Dialnet · Todos los derechos reservados