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Does stock market performance affect the government satisfaction rating in the UK?
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 p...
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Published in: | Empirical economics 2017-11, Vol.53 (3), p.999-1009 |
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description | 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. |
doi_str_mv | 10.1007/s00181-016-1156-7 |
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source | International Bibliography of the Social Sciences (IBSS); ABI/INFORM Global; Springer Nature; BSC - Ebsco (Business Source Ultimate); EconLit |
subjects | Causality Customer satisfaction Econometrics Economic models Economic theory Economic Theory/Quantitative Economics/Mathematical Methods Economics Economics and Finance Excellence Finance Government Insurance Management Ratings & rankings Securities markets Statistics for Business Voters |
title | Does stock market performance affect the government satisfaction rating in the UK? |
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