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The price of political polarization: Evidence from municipal issuers during the coronavirus pandemic

This study estimates the financial costs imposed by political polarization among citizens on U.S. local governments during the COVID-19 pandemic. We measure local political polarization by using citizens’ voting results in the presidential elections. We find local political polarization leads to hig...

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Detalles Bibliográficos
Autores principales: Chen, Zhiwei, Li, Zhaoyuan, Liu, Sibo
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Elsevier Inc. 2022
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8898782/
https://www.ncbi.nlm.nih.gov/pubmed/35283694
http://dx.doi.org/10.1016/j.frl.2022.102781