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Interest rates and the 2004 Australian Election

Bibliographic Data

ID6235156
AuthorsSteve Easton (University of Newcastle Australia), Richard Gerlach (0000-0002-5656-4556, University of Newcastle Australia)
Year2005
Volume40
Issue4
Pages559-566
Publication date2005-12-01
Open AccessNo
TypeARTICLE
VenueAustralian Journal of Political Science (JOURNAL)
Journal identifiersISSN: 1036-1146 • E-ISSN: 1363-030X
PublisherInforma UK Limited (PUBLISHER • GB)
DOI10.1080/10361140500302423
OpenAlexW2003562429
LanguageEN
Citations received2
References cited8

During the October 2004 Australian federal election campaign the expected or possible effect of the election outcome on interest rates was a key point of differentiation between the Australian Labor Party and the Liberal–National Party coalition. The purpose of this paper is twofold. First, we examine whether this effect was a significant factor in the election outcome, as measured by the percentage swing towards the coalition in each electorate. Second, we use standard methodology from financial economics to examine whether the election outcome had an effect on interest rates. Contrary to media coverage of the campaign, we find that the election result did have an effect on interest rates but that the possibility of interest rate changes was not a dominant factor in the election result

Campaign finance · Economics · Federal election · General election · Interest rate · Microeconomics · Monetary economics · National election · Outcome (game theory · Political science · Politics · Primary election · Electric Power System Optimization · Law · Sports Analytics and Performance · Transport and Economic Policies

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Citations per year0.11
Citation span2007 - 2008 (2)
Highly citedNo

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