Betting on presidential elections: Should we buy stocks connected with the winning party?
In: The quarterly review of economics and finance, Band 56, S. 98-109
ISSN: 1062-9769
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In: The quarterly review of economics and finance, Band 56, S. 98-109
ISSN: 1062-9769
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Working paper
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In: Journal of Financial Stability, Forthcoming
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In: Bank of Finland Research Discussion Paper No. 15/2013
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Working paper
Abstract In this study, we reinvestigate the question of whether government banks are inferior to private banks. We use cross country data from 1993 to 2007 to trace the different types of government banks. These types comprise banks that acquire distressed banks, normal banks, or no banks at all. Contrary to common belief, the evidence shows that unless government banks are required to purchase a distressed bank because of political factors (the government's role), their performances are at par with that of private banks. This fact particularly holds true in countries with poor records on political rights and governance.
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In: The quarterly review of economics and finance, Band 92, S. 249-261
ISSN: 1062-9769
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In: Journal of Economic Behavior and Organization, 2022, 197:115-133
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