The Elections Paper: Socionomics and Politics Achieve Peer Review
By Robert Folsom | 2012
The Socionomics Institute is pleased to announce that on Nov. 2, 2012, its latest research, “Social Mood, Stock Market Performance and US Presidential Elections,” published in Sage Open, a peer-reviewed journal of the social and behavioral sciences.
We congratulate the paper’s authors, Robert Prechter and Deepak Goel of the Socionomics Institute, Wayne Parker of Emory University and Matthew Lampert of Cambridge University and the Socionomics Institute, for this important advancement in the study of social mood’s influence on politics.
The “Elections” paper shows a significant positive relationship between net changes in stock prices prior to Election Day and incumbents’ chances for re-election. The authors contend that the stock market does not reliably affect elections, and election outcomes do not reliably affect the stock market. Rather, they say, social mood regulates both.
The paper is available for free download from the Social Science Research Network – a vital resource for scholars, researchers and the educated public that currently boasts over 350,000 papers. “Social Mood, Stock Market Performance and US Presidential Elections” is SSRN’s 4th most download paper of the past 12 months and among its top 100 all-time. Download the paper from SSRN here.
