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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...
Autores principales: | , , |
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Formato: | Online Artículo Texto |
Lenguaje: | English |
Publicado: |
Elsevier Inc.
2022
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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 |