𝔖 Bobbio Scriptorium
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Market Concentration, Economic Welfare, and Antitrust Policy

✍ Scribed by James W. Brock; Norman P. Obst


Publisher
Springer US
Year
2007
Tongue
English
Weight
172 KB
Volume
9
Category
Article
ISSN
1566-1679

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How does divided government affect the probability of economic policy change, and thus policy risk on financial markets? In contrast to the standard balancing model we argue that divided government, i.e., partisan conflict between the executive and the legislative branches, negatively affects the po