Political Uncertainty and Investment: Causal Evidence from U.S. Gubernatorial Elections
By Candace E. Jens. 2017
500 citations recorded by the source corpus.
Subfields: Accounting, Economics and Econometrics, Strategy and Management
View Paper: https://www.semanticscholar.org/paper/585fa4c25ba65eb75c0881ab004007c5f79e756e
Citations in the corpus
- Economic policy uncertainty and stock price crash risk (2020, unknown): “Most existing studies have focused on the impact of economic policy uncertainty on corporate investment behavior as well as investment efficiency (Bernanke, 1983; Rodrik, 1991; Leahy and Whited, 1995; Bloom et al., 2007; Bloom, 2009; Julio and Yook, 2012; Durnev, 2010; Jens, 2017).”
- Does policy uncertainty affect mergers and acquisitions? (2017, unknown): “At the firm level, policy uncertainty affects cash holdings (Julio and Yook, 2012), capital expenditures (Gulen and Ion, 2016; Jens, 2016), research and development (Atanassov, Julio, and Leng, 2016), stock prices (Pastor and Veronesi, 2012), and the decision to raise equity (Colak, Durnev, and…”
- Economic policy uncertainty and bank liquidity hoarding (2020, unknown): “…require them to sell illiquid assets at fire-sale prices and/or miss out on profitable future 1 Research using other measures of political and policy uncertainty similarly find negative economic consequences (Barro (1991), Julio and Yook (2012), Bhattacharya, Hsu, Tian, and Xu (2017), Jens (2017)).”
- Economic policy uncertainty, stakeholder engagement, and environmental, social, and governance practices: The moderating effect of competition (2020, unknown): “For example, election dummy is used to proxy political uncertainty (Akey & Lewellen, 2016; Jens, 2017).”
- The pandemic and economic policy uncertainty (2020, unknown): “Simultaneously, the levels of investments, debt, and equity issuances among firms decrease before the election, but increase later (Jens, 2017).”
- Policy Uncertainty and Mergers and Acquisitions (2017, unknown): “, Julio and Yook (2012), Jens (2017)); however, it is worth noting that political uncertainty is different from policy uncertainty in a number of ways.”