Munich Personal RePEc Archive

A Preliminary Analysis of the Presidential Approval Rating

Cebula, Richard (2004): A Preliminary Analysis of the Presidential Approval Rating. Published in: The Elgar Companion to Public Economics: Empirical Public Economics (17 May 2006): pp. 274-281.

[img]
Preview
PDF
MPRA_paper_56775.pdf

Download (157kB) | Preview

Abstract

This study empirically investigates whether the performance of the S&P 500 stock index, whose performance is treated as a surrogate for the performance of domestic stock/equity markets generally, influences the Presidential approval rating. After allowing for a variety of political factors and economic factors in addition to the S&P 500 stock index, it is found that the Presidential approval rating is indeed significantly enhanced by increasing values for this indicator of equity performance.

Logo of the University Library LMU Munich
MPRA is a RePEc service hosted by
the University Library LMU Munich in Germany.