L'impacte de les eleccions de 2004 sobre les empreses del país

Translated title of the contribution: The Impact of the 2004 Election on Spanish Companies

Research output: Contribution to journalArticleDissemination

Abstract

The terrorist attack in Madrid three days before the general election of March 2004 seemed to be the cause of the unexpected election results, overturning all predictions and tipping the balance from PP to PSOE. UAB researchers have taken the opportunity this event presents to analyse the impact the 2004 election had on large Spanish firms. To do this, they used event study techniques, which measure the impact of surprise events on the stock market, and tested a series of politico- economic hypotheses. Their conclusion is that the impact produced by either of the ruling parties in Spain does not cause large changes in general economic policies. Instead, what changes is the value of agreements between politicians and firms.
Translated title of the contributionThe Impact of the 2004 Election on Spanish Companies
Original languageCatalan
Pages (from-to)0001-2
Number of pages2
JournalUAB Divulga
Publication statusPublished - 2011

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