IDEAS home Printed from https://ideas.repec.org/a/cje/issued/v28y1995i4ap794-807.html
   My bibliography  Save this article

The 1992 Canadian Constitutional Referendum Using Financial Data to Assess Economic Consequences

Author

Listed:
  • Pauline M. Shum

Abstract

Throughout their campaign, proponents of the Charlottetown Accord warned of the financial disaster that would strike if the accord were rejected. Those opposed to it dismissed this claim as a scare tactic. This paper investigates if and how investors responded to new information regarding the probability of a YES vote during the campaign period. Four measures of this probability are constructed from opinion poll data. Based on evidence from the money and the stock markets, the analysis confirms that the proponents of the accord had indeed overestimated the adverse impact of a NO vote. Moreover, stock market participants might have processed poll information in a less sophisticated manner than expected.

Suggested Citation

  • Pauline M. Shum, 1995. "The 1992 Canadian Constitutional Referendum Using Financial Data to Assess Economic Consequences," Canadian Journal of Economics, Canadian Economics Association, vol. 28(4a), pages 794-807, November.
    • Handle: RePEc:cje:issued:v:28:y:1995:i:4a:p:794-807
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Pau Castells & Francesc Trillas, 2008. "Political parties and the economy: Macro convergence, micro partisanship?," Working Papers 2008/1, Institut d'Economia de Barcelona (IEB).

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cje:issued:v:28:y:1995:i:4a:p:794-807. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Prof. Werner Antweiler (email available below). General contact details of provider: https://edirc.repec.org/data/ceaaaea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.