메뉴 건너뛰기




Volumn 52, Issue 2, 2008, Pages 405-425

Taking stock seriously: Equity-market performance, government policy, and financial globalization

Author keywords

[No Author keywords available]

Indexed keywords

DEMOCRACY; GLOBALIZATION; INTEREST RATE; LIBERALIZATION; POLICY MAKING; STOCK MARKET; THEORETICAL STUDY;

EID: 44649110814     PISSN: 00208833     EISSN: 14682478     Source Type: Journal    
DOI: 10.1111/j.1468-2478.2008.00507.x     Document Type: Article
Times cited : (46)

References (61)
  • 1
    • 0003214867 scopus 로고    scopus 로고
    • "Why Lagged Dependent Variables Can Suppress the Explanatory Power of Other Independent Variables"
    • Paper Presented at the July 20-22, UCLA: Los Angeles, CA
    • Achen, Christopher H. 2000. "Why Lagged Dependent Variables Can Suppress the Explanatory Power of Other Independent Variables." Paper Presented at the Annual Meeting of the Political Methodology Section of the American Political Science Association, July 20-22, UCLA: Los Angeles, CA.
    • (2000) Annual Meeting of the Political Methodology Section of the American Political Science Association
    • Achen, C.H.1
  • 3
    • 84974183585 scopus 로고
    • "What To Do (and Not To do) With Time-Series Cross-Section Data"
    • Beck, Neal, and Jonathan Katz. 1995. "What To Do (and Not To do) With Time-Series Cross-Section Data." American Political Science Review 89 (3): 634-647.
    • (1995) American Political Science Review , vol.89 , Issue.3 , pp. 634-647
    • Beck, N.1    Katz, J.2
  • 4
    • 33645317160 scopus 로고    scopus 로고
    • Working Paper, New York: New York University and California Institute of Technology
    • Beck, Neal, and Jonathan Katz. 2004. "Time Series Cross Section Issues: Dynamics, 2004." Working Paper, New York: New York University and California Institute of Technology.
    • (2004) "Time Series Cross Section Issues: Dynamics, 2004"
    • Beck, N.1    Katz, J.2
  • 5
    • 0034754775 scopus 로고    scopus 로고
    • "New Tools in Comparative Political Economy: The Database of Political Institutions"
    • (September)
    • Beck, Thorsten, George Clarke, Alberto Groff, Philip Keefer, and Patrick Walsh. 2001. "New Tools in Comparative Political Economy: The Database of Political Institutions." World Bank Economic Review 15 (September): 165-176.
    • (2001) World Bank Economic Review , vol.15 , pp. 165-176
    • Beck, T.1    Clarke, G.2    Groff, A.3    Keefer, P.4    Walsh, P.5
  • 6
    • 0036004229 scopus 로고    scopus 로고
    • "Democratic Processes and Political Risk: Evidence From Foreign Exchange Markets"
    • Bernhard, William, and David Leblang. 2002. "Democratic Processes and Political Risk: Evidence From Foreign Exchange Markets." American Journal of Political Science 46 (2): 316-333.
    • (2002) American Journal of Political Science , vol.46 , Issue.2 , pp. 316-333
    • Bernhard, W.1    Leblang, D.2
  • 9
    • 18744362431 scopus 로고    scopus 로고
    • "Political System Transparency and Monetary Commitment Regimes"
    • Broz, J. Lawrence. 2002. "Political System Transparency and Monetary Commitment Regimes." International Organization 56 (4): 861-887.
    • (2002) International Organization , vol.56 , Issue.4 , pp. 861-887
    • Broz, J.L.1
  • 10
    • 0035649613 scopus 로고    scopus 로고
    • "The Political Economy of International Monetary Relations"
    • Broz, J. Lawrence, and Jeffry Frieden. 2001. "The Political Economy of International Monetary Relations." Annual Review of Political Science 4: 317-343.
    • (2001) Annual Review of Political Science , vol.4 , pp. 317-343
    • Broz, J.L.1    Frieden, J.2
  • 11
    • 0035618724 scopus 로고    scopus 로고
    • "Globalization and Welfare Compensation: Disentangling the Ties That Bind"
    • Burgoon, Brian. 2001. "Globalization and Welfare Compensation: Disentangling the Ties That Bind." International Organization 55 (3): 509-551.
    • (2001) International Organization , vol.55 , Issue.3 , pp. 509-551
    • Burgoon, B.1
  • 12
    • 0034035847 scopus 로고    scopus 로고
    • "Rational Contagion and the Globalization of Securities Markets"
    • Calvo, Guillermo A., and Enrique G. Mendoza. 2000. "Rational Contagion and the Globalization of Securities Markets." Journal of International Economics 51 (1): 79-113.
    • (2000) Journal of International Economics , vol.51 , Issue.1 , pp. 79-113
    • Calvo, G.A.1    Mendoza, E.G.2
  • 13
    • 0033463509 scopus 로고    scopus 로고
    • "Globalization and the Erosion of Democracy"
    • Cerny, Philip G. 1999. "Globalization and the Erosion of Democracy." European Journal of Political Research 36 (1): 1-26.
    • (1999) European Journal of Political Research , vol.36 , Issue.1 , pp. 1-26
    • Cerny, P.G.1
  • 14
    • 33747358345 scopus 로고    scopus 로고
    • "What Matters for Financial Development: Capital Controls, Institutions, and Interactions"
    • Chinn, Menzie, and Hiro Ito. 2006. "What Matters for Financial Development: Capital Controls, Institutions, and Interactions." Journal of Development Economics 81 (1): 163-192.
    • (2006) Journal of Development Economics , vol.81 , Issue.1 , pp. 163-192
    • Chinn, M.1    Ito, H.2
  • 15
    • 3042972701 scopus 로고    scopus 로고
    • "Political Risk, Economic Risk, and Financial Risk"
    • (November-December)
    • Erb, Claude B., Campbell R. Harvey, and Tadas E. Viskanta. 1996. "Political Risk, Economic Risk, and Financial Risk." Financial Analysts Journal (November-December): 29-46.
    • (1996) Financial Analysts Journal , pp. 29-46
    • Erb, C.B.1    Harvey, C.R.2    Viskanta, T.E.3
  • 16
    • 0031521248 scopus 로고    scopus 로고
    • "Fundamental Determinants of National Equity Market Returns: A Perspective on Conditional Asset Pricing"
    • Ferson, Wayne E., and Campbell R. Harvey. 1998. "Fundamental Determinants of National Equity Market Returns: A Perspective on Conditional Asset Pricing." Journal of Banking & Finance 21 (11-12): 1625-1665.
    • (1998) Journal of Banking & Finance , vol.21 , Issue.11-12 , pp. 1625-1665
    • Ferson, W.E.1    Harvey, C.R.2
  • 18
    • 84976017401 scopus 로고
    • "Invested Interests: The Politics of National Economic Policies in a World of Global Finance"
    • Frieden, Jeffry A. 1991. "Invested Interests: The Politics of National Economic Policies in a World of Global Finance." International Organization 45 (4): 425-451.
    • (1991) International Organization , vol.45 , Issue.4 , pp. 425-451
    • Frieden, J.A.1
  • 21
    • 0040777143 scopus 로고    scopus 로고
    • "The Causes of Globalization"
    • Garrett, Geoffrey. 2000. "The Causes of Globalization." Comparative Political Studies 33 (6-7): 941-991.
    • (2000) Comparative Political Studies , vol.33 , Issue.6-7 , pp. 941-991
    • Garrett, G.1
  • 22
    • 0001109362 scopus 로고
    • "The World of Money: The Political Economy of International Capital Mobility"
    • Helleiner, Eric. 1994. "The World of Money: The Political Economy of International Capital Mobility." Policy Sciences 27 (4): 295-298.
    • (1994) Policy Sciences , vol.27 , Issue.4 , pp. 295-298
    • Helleiner, E.1
  • 23
    • 0036232528 scopus 로고    scopus 로고
    • "The Institutional Environment for Infrastructure Investment"
    • Henisz, Witold. 2002. "The Institutional Environment for Infrastructure Investment." Industrial and Corporate Change 11 (2): 355-389.
    • (2002) Industrial and Corporate Change , vol.11 , Issue.2 , pp. 355-389
    • Henisz, W.1
  • 24
    • 0034387578 scopus 로고    scopus 로고
    • "Estimating the Economic Impact of Political Party Competition in the 1992 British Election"
    • Herron, Michael. C. 2000. "Estimating the Economic Impact of Political Party Competition in the 1992 British Election." American Journal of Political Science 44 (2): 326-337.
    • (2000) American Journal of Political Science , vol.44 , Issue.2 , pp. 326-337
    • Herron, M.C.1
  • 26
    • 0041378124 scopus 로고    scopus 로고
    • "Democratic Governance and Multinational Corporations: Political Regimes and Inflows of Foreign Direct Investment"
    • Jensen, Nathan. 2003. "Democratic Governance and Multinational Corporations: Political Regimes and Inflows of Foreign Direct Investment." International Organization 57 (3): 587-616.
    • (2003) International Organization , vol.57 , Issue.3 , pp. 587-616
    • Jensen, N.1
  • 28
    • 28744455631 scopus 로고    scopus 로고
    • "Market Responses to Politics: The Rise of Lula and the Decline of the Brazilian Stock Market"
    • Jensen, Nathan, and Scott Schmith. 2005. "Market Responses to Politics: The Rise of Lula and the Decline of the Brazilian Stock Market." Comparative Political Studies 38 (10): 1245-1270.
    • (2005) Comparative Political Studies , vol.38 , Issue.10 , pp. 1245-1270
    • Jensen, N.1    Schmith, S.2
  • 29
    • 44649197264 scopus 로고
    • "Theory of the Firm: Managerial Behavior, Agency Costs and Ownership Structure"
    • Jensen, Michael C., and William H. Meckling. 1976. "Theory of the Firm: Managerial Behavior, Agency Costs and Ownership Structure." Journal of Financial Economics 3 (4): 305-360.
    • (1976) Journal of Financial Economics , vol.3 , Issue.4 , pp. 305-360
    • Jensen, M.C.1    Meckling, W.H.2
  • 30
    • 0039964955 scopus 로고    scopus 로고
    • "Tunnelling. Papers and Proceedings of the One Hundred Twelfth Annual Meeting of the American Economic Association"
    • Johnson, Simon, Rafael La Porta, Florencio Lopez-de-Silanes, and Andrei Schleifer. 2000. "Tunnelling. Papers and Proceedings of the One Hundred Twelfth Annual Meeting of the American Economic Association." American Economic Review 90: 22-27.
    • (2000) American Economic Review , vol.90 , pp. 22-27
    • Johnson, S.1    La Porta, R.2    Lopez-de-Silanes, F.3    Schleifer, A.4
  • 34
    • 0036167113 scopus 로고    scopus 로고
    • "The Political Economy of Speculative Attacks in the Developing World"
    • Leblang, David. 2002. "The Political Economy of Speculative Attacks in the Developing World." International Studies Quarterly 46 (1): 69-91.
    • (2002) International Studies Quarterly , vol.46 , Issue.1 , pp. 69-91
    • Leblang, D.1
  • 35
    • 0034418463 scopus 로고    scopus 로고
    • "Speculative Attacks in Industrial Democracies: The Role of Politics"
    • Leblang, David, and William Bernhard. 2000. "Speculative Attacks in Industrial Democracies: The Role of Politics." International Organization 54 (2): 291-324.
    • (2000) International Organization , vol.54 , Issue.2 , pp. 291-324
    • Leblang, D.1    Bernhard, W.2
  • 36
    • 33745318485 scopus 로고    scopus 로고
    • "Government Partisanship, Elections and the Stock Market: Examining American and British Stock Returns, 1930-2000"
    • Leblang, David, and Bumba Mukherjee. 2005. "Government Partisanship, Elections and the Stock Market: Examining American and British Stock Returns, 1930-2000." American Journal of Political Science 49 (4): 781-803.
    • (2005) American Journal of Political Science , vol.49 , Issue.4 , pp. 781-803
    • Leblang, D.1    Mukherjee, B.2
  • 37
    • 33644926378 scopus 로고    scopus 로고
    • "Institutions, Expectations and Currency Crises"
    • Leblang, David, and Shanker Satyanath. 2006. "Institutions, Expectations and Currency Crises." International Organization 60 (4): 254-262.
    • (2006) International Organization , vol.60 , Issue.4 , pp. 254-262
    • Leblang, D.1    Satyanath, S.2
  • 38
    • 0011365128 scopus 로고    scopus 로고
    • "Corruption and International Valuation: Does Virtue Pay?"
    • Cornell University. Unpublished manuscript
    • Lee, Charles M. C., and David Ng. 2006. "Corruption and International Valuation: Does Virtue Pay?" Cornell University. Unpublished manuscript.
    • (2006)
    • Lee Charles, M.C.1    Ng, D.2
  • 39
    • 33645166823 scopus 로고    scopus 로고
    • "Democracy, Autocracy, and Tax Incentives to Foreign Direct Investors: A Cross-National Analysis"
    • Li, Quan. 2006. "Democracy, Autocracy, and Tax Incentives to Foreign Direct Investors: A Cross-National Analysis." Journal of Politics 68 (1): 62-74.
    • (2006) Journal of Politics , vol.68 , Issue.1 , pp. 62-74
    • Li, Q.1
  • 40
    • 0043161723 scopus 로고    scopus 로고
    • "Reversal of Fortunes: Democracy, Property Rights and Foreign Direct Investment Inflows in Developing Countries"
    • Li, Quan, and Adam Resnick. 2003. "Reversal of Fortunes: Democracy, Property Rights and Foreign Direct Investment Inflows in Developing Countries." International Organization 57 (1): 1-37.
    • (2003) International Organization , vol.57 , Issue.1 , pp. 1-37
    • Li, Q.1    Resnick, A.2
  • 41
    • 0003114587 scopus 로고
    • "The Valuation of Risk Assets and the Selection of Risky Investments in Stock Portfolios and Capital Budgets"
    • Lintner, John. 1965. "The Valuation of Risk Assets and the Selection of Risky Investments in Stock Portfolios and Capital Budgets." Review of Economics and Statistics 47 (1): 13-37.
    • (1965) Review of Economics and Statistics , vol.47 , Issue.1 , pp. 13-37
    • Lintner, J.1
  • 43
    • 0037633663 scopus 로고    scopus 로고
    • "Redistributive Politics and Stock Price Dispersion"
    • Mc Gillivray, Fiona. 2003. "Redistributive Politics and Stock Price Dispersion." British Journal of Political Science 33: 367-395.
    • (2003) British Journal of Political Science , vol.33 , pp. 367-395
    • Mc Gillivray, F.1
  • 44
    • 85055309414 scopus 로고    scopus 로고
    • "Coalition Government Formation and Foreign Exchange Markets: Theory and Evidence From Europe"
    • Moore, Will H., and Bumba Mukherjee. 2006. "Coalition Government Formation and Foreign Exchange Markets: Theory and Evidence From Europe." International Studies Quarterly 50 (1): 93-118.
    • (2006) International Studies Quarterly , vol.50 , Issue.1 , pp. 93-118
    • Moore, W.H.1    Mukherjee, B.2
  • 47
    • 84930557416 scopus 로고
    • "Political Institutions, Policy Expectations and the 1980 Election: A Financial Market Perspective"
    • Roberts, Brian. 1990. "Political Institutions, Policy Expectations and the 1980 Election: A Financial Market Perspective." American Journal of Political Science 34 (2): 289-310.
    • (1990) American Journal of Political Science , vol.34 , Issue.2 , pp. 289-310
    • Roberts, B.1
  • 48
    • 0004075002 scopus 로고    scopus 로고
    • Washington: Institute for International Economics
    • Rodrik, Dani. 1997. Has Globalization Gone Too Far? Washington: Institute for International Economics.
    • (1997) Has Globalization Gone Too Far?
    • Rodrik, D.1
  • 49
    • 0039473752 scopus 로고
    • "A Critique of the Asset Pricing Theory's Tests: Part I"
    • Roll, Richard. 1977. "A Critique of the Asset Pricing Theory's Tests: Part I." Journal of Financial Economics 4 (2): 129-176.
    • (1977) Journal of Financial Economics , vol.4 , Issue.2 , pp. 129-176
    • Roll, R.1
  • 51
    • 17444411492 scopus 로고    scopus 로고
    • "Do Countries Have a 'Democratic Advantage'? Political Institutions, Multilateral Agencies, and Sovereign Borrowing"
    • Saiegh, Sebastian. 2005. "Do Countries Have a 'Democratic Advantage'? Political Institutions, Multilateral Agencies, and Sovereign Borrowing." Comparative Political Studies 38 (4): 366-387.
    • (2005) Comparative Political Studies , vol.38 , Issue.4 , pp. 366-387
    • Saiegh, S.1
  • 53
    • 1942505979 scopus 로고    scopus 로고
    • "The Power of Money: Global Capital and Policy Choices in Developing Countries"
    • Shambaugh, George. 2004. "The Power of Money: Global Capital and Policy Choices in Developing Countries." American Journal of Political Science 48 (2): 281-295.
    • (2004) American Journal of Political Science , vol.48 , Issue.2 , pp. 281-295
    • Shambaugh, G.1
  • 54
    • 84980092818 scopus 로고
    • "Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk"
    • Sharpe, William F. 1964. "Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk." Journal of Finance 19 (3): 425-442.
    • (1964) Journal of Finance , vol.19 , Issue.3 , pp. 425-442
    • Sharpe, W.F.1
  • 60
    • 33646239151 scopus 로고    scopus 로고
    • "Dependency Revisited: International Markets, Business Cycles, and Social Spending in the Developing World"
    • Wibbels, Eric. 2006. "Dependency Revisited: International Markets, Business Cycles, and Social Spending in the Developing World." International Organization 60 (2): 433-468.
    • (2006) International Organization , vol.60 , Issue.2 , pp. 433-468
    • Wibbels, E.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.