Presidential parties, monetary regimes, and health care returns


Bredthauer, Jeffery Scott ; Payne, Brian C. ; Tresl, Jiri ; Karels, Gordon V.



DOI: https://doi.org/10.1108/MF-09-2014-0247
URL: https://www.emerald.com/insight/content/doi/10.110...
Additional URL: https://www.researchgate.net/publication/283709868...
Document Type: Article
Year of publication: 2015
The title of a journal, publication series: Managerial Finance
Volume: 41
Issue number: 10
Page range: 1059-1076
Place of publication: Bingley
Publishing house: Emerald
ISSN: 0307-4358
Publication language: English
Institution: Business School > ABWL, Finanzwirtschaft u. Finanzmarktinstitutionen (Spalt 2019-)
Subject: 650 Management
Abstract: he purpose of this paper is to investigate the absolute and risk-adjusted stock return performance of the US health care industry conditional upon the presidential administration’s political party and the Federal Reserve’s monetary policy stance. It evaluates this return behavior across the 60-year time period from 1954 to 2013, and sub-divides this entire period into the pre-Medicare period (1954-1964), Medicare period (1965-1984), and Medicare-plus-high-health-care-inflation period (1985-2013).




Dieser Datensatz wurde nicht während einer Tätigkeit an der Universität Mannheim veröffentlicht, dies ist eine Externe Publikation.




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