作者
C Lin, Y Wang
发表日期
2005
期刊
Annals of Economics and Finance
卷号
6
期号
1
页码范围
169
出版商
PEKING UNIV. PRESS
简介
The ruling party faces the unprecedented challenge following democracy and economic development, thus, transition of ruling party becomes the convention of the democratic countries. The political parties provide financial and economic policies that may be accepted by the public in elections and the competition among the parties promotes economic development. Stock market is the exhibition of the national economy, and in the fact that it speculates future of economy. It generally responds to new information regarding political decisions that may affect financial and economic policies. Positive stock returns are expected following the high expecta-
引用总数
20062007200820092010201120122013201420152016201720182019202020212022202311212332332512