Making political capital: the behaviour of the UK capital markets during Election'97
AbstractThis article examines the behaviour of the UK capital markets during the overnight trading period that coincided with the announcement of the results of the UK general election in May 1997. Evidence that the financial markets responded to the evolving pattern of results is found. In addition, the consensus move experienced as the markets opened the next trading day was influenced by the extent of the moves that had already occurred overnight..
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Bibliographic InfoArticle provided by Taylor & Francis Journals in its journal Applied Financial Economics.
Volume (Year): 13 (2003)
Issue (Month): 2 ()
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Web page: http://www.tandfonline.com/RAFE20
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- Chung-Chu Chuang & Yi-Hsien Wang, 2009. "Developed stock market reaction to political change: a panel data analysis," Quality & Quantity: International Journal of Methodology, Springer, vol. 43(6), pages 941-949, November.
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