Yazarlar |
Doç. Dr. Sedef ŞEN
Yıldız Teknik Üniversitesi, Türkiye |
Murat Donduran
Yıldız Teknik Üniversitesi, Türkiye |
Özet |
In this study, we attempt to answer the question of whether stock market performance affects the government satisfaction rating in the long run in a sample period spanning 1984:Q1 to 2013:Q2 in the UK. We examine both the equilibrium relationship and the causality relationship between stock market performance and government satisfaction rating. The results indicate that the voters are sensitive to the economic shocks and hold responsible for the government. The empirical results confirm the responsibility hypothesis. |
Anahtar Kelimeler |
Co-integration and asymmetric causality | Government satisfaction rating | Stock market |
Makale Türü | Özgün Makale |
Makale Alt Türü | SSCI, AHCI, SCI, SCI-Exp dergilerinde yayımlanan tam makale |
Dergi Adı | EMPIRICAL ECONOMICS |
Dergi ISSN | 0377-7332 |
Dergi Tarandığı Indeksler | SSCI |
Dergi Grubu | Q2 |
Makale Dili | İngilizce |
Basım Tarihi | 11-2017 |
Cilt No | 53 |
Sayı | 3 |
Sayfalar | 999 / 1009 |
Doi Numarası | 10.1007/s00181-016-1156-7 |
Makale Linki | link.springer.com/article/10.1007/s00181-016-1156-7 |
Atıf Sayıları | |
WoS | 1 |
SCOPUS | 1 |
Google Scholar | 3 |