Aggregate earnings and market expectations in United States presidential election prediction markets

IF 1.2 Q3 BUSINESS, FINANCE Advances in Accounting Pub Date : 2023-01-01 DOI:10.1016/j.adiac.2022.100639
Taylor Wiesen
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美国总统选举预测市场的总收益和市场预期
这项研究使用选举期货市场数据提供了第一个经验证据,证明总收益传达了及时的“选举相关”信息,影响了博彩市场参与者对美国总统竞选可能结果的预期。我记录了总收益新闻与影响选民效用的美国经济健康的多个方面有关。然后,我使用爱荷华州电子政治预测市场(IEM)的高频数据来记录总收益新闻,包括现金流新闻,与美国总统选举预期结果的变化和其他经济健康指标的增量显著相关。
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来源期刊
Advances in Accounting
Advances in Accounting BUSINESS, FINANCE-
CiteScore
2.50
自引率
6.20%
发文量
29
期刊介绍: Advances in Accounting, incorporating Advances in International Accounting continues to provide an important international forum for discourse among and between academic and practicing accountants on the issues of significance. Emphasis continues to be placed on original commentary, critical analysis and creative research.
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Editorial Board How does the CEO horizon problem affect the cost of bank loans? Using accounting information to identify corporate acquisition motives: Implications on post-acquisition performance Universal demand laws and stakeholders: Evidence from the auditor's perspective Non-IFRS earnings information in financial highlights of annual reports
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