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Politics and sector-specific stock market performance
(Centro de Investigación y Docencia Económicas, División de Estudios Políticos, 2009)
To date, studies of the effect of politics on markets have generated a variety of often conflicting conclusions. I argue that this conflict originates not from the need to refine current analyses but the need to move away ...
Political career of party reputational concerns?: determining how partisan effects matter for subnational fiscal discipline, evidence from Mexico
(Centro de Investigación y Docencia Económicas, División de Estudios Políticos, 2009)
State governors copartisan with national presidents are known for greater fiscal discipline than those from opposition parties. Yet, scholars use two distinct mechanisms to explain this: some argue political career concerns ...