Political Finance
Using market prices to measure how political events and populist electoral shifts are priced into equities, volatility, and cross-country asset returns.
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2 min read
Using market prices to measure how political events and populist electoral shifts are priced into equities, volatility, and cross-country asset returns.
We examine the effect of populism on financial markets around national elections. We find that the electoral success of populist parties has a direct impact on volatility in major …