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The Role of Governments in Business and Finance

Sat, 15 May, 2021 11:00 - 12:00
Time Zone: Europe/London
Local Time: Sat, 15 May, 2021 11:00 - 12:00

Governments clearly play an important role in business and finance, but beyond that rather vague and obvious statement it’s hard to say what it is.

In the United States, the Presidential Puzzle, first pointed out in the academic literature by Santa-Clara and Valkanov in 2003, is the name given to the fact that both average GDP growth and stock market returns are higher under Democrat Presidents than Republican ones.

For many years this finding was not much discussed, except as an interesting and strange observation. Recently however, it has sparked a flurry of novel and interesting research, both theoretical and empirical.

Join Mungo Wilson, Associate Professor of Finance, as he discusses interesting directions for future research.


Location: Online
Calendar: OBA Main Events
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