Ferrara, Federico Maria and Sattler, Thomas (2018) The political economy of financial markets. Oxford Research Encyclopedia of Politics.
Full text not available from this repository.Abstract
The relationship between politics and financial markets is central for many, if not most, political economy arguments. The existing literature focuses on the effect of domestic and international political interests, institutions, and policy decisions on returns and volatility in stock, bond, and foreign exchange markets. This research bears implications for three major debates in political science: the distributive effects of politics, globalization and state autonomy, and the political roots of economic credibility and its tensions with democratic accountability. While the study of politics and financial markets is complicated by several theoretical and empirical challenges, recent methodological innovations in political research provide a window of opportunity for the development of the field.
Item Type: | Article |
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Official URL: | https://oxfordre.com/politics/ |
Additional Information: | © 2019 Oxford University Press |
Divisions: | International Relations |
Subjects: | J Political Science > JZ International relations |
Date Deposited: | 12 Dec 2019 12:39 |
Last Modified: | 14 Sep 2024 08:07 |
URI: | http://eprints.lse.ac.uk/id/eprint/102880 |
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