Movements in stock prices provide important clues for understanding the effect of campaign contributions on the decisions of elected officials. What they tell us challenges widespread beliefs about corporate donations and political favoritism.
Corporate Influence and Political Corruption
Lessons from Stock Market Reactions to Political Events
By Jeffrey Milyo
This
article
appeared in
the Summer 2014 issue of The Independent Review.
Banking and FinanceBusiness and EntrepreneurshipEconomic History and DevelopmentEconomic PolicyEconomyFree Market EconomicsGovernment and PoliticsLaw and LibertyPolitical TheoryPublic ChoiceRegulation
Other Independent Review articles by Jeffrey Milyo | |
Spring 1999 | The Political Economics of Campaign Finance |