Stock Ownership and Congressional Elections: The Political Economy of the Mutual Fund Revolution.

We find that higher stock ownership rates are linked to an upward shift in the Republican share of the House popular vote since the late 1980s, consistent with theories that property interests affect voting. To proxy for discontinuous stock ownership rates, we use equity mutual fund costs, which hav...

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Bibliographic Details

Published in:	Economic Inquiry Vol. 46; no. 3; pp. 454 - 480
Main Authors:	Duca, John V., Saving, Jason L.
Format:	Article
Published:	Wiley-Blackwell July 2008
Subjects:	Mathematical models United States legislators United States Congressional elections Stock ownership
Online Access:	View this record in EBSCOhost