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dc.contributor.authorAcemoglu, Daronen_US
dc.contributor.authorHassan, Tarek A.en_US
dc.contributor.authorTahoun, Ahmeden_US
dc.date2017-04-05
dc.date.accessioned2019-10-01T18:02:54Z
dc.date.available2019-10-01T18:02:54Z
dc.date.issued2018-01
dc.identifier.citationDaron Acemoglu, Tarek A Hassan, Ahmed Tahoun. 2018. "The Power of the Street: Evidence from Egypt's Arab Spring." The Review of Financial Studies, Volume 31, Issue 1, pp. 1 - 42. https://doi.org/10.1093/rfs/hhx086
dc.identifier.urihttps://hdl.handle.net/2144/38157
dc.description.abstractUnprecedented street protests brought down Mubarak’s government and ushered in an era of competition between three rival political groups in Egypt. Using daily variation in the number of protesters, we document that more intense protests are associated with lower stock market valuations for firms connected to the group currently in power relative to non-connected firms, but have no impact on the relative valuations of firms connected to rival groups. These results suggest that street protests serve as a partial check on political rent-seeking. General discontent expressed on Twitter predicts protests but has no direct effect on valuations.en_US
dc.format.extentp. 1 - 42en_US
dc.publisherOxford Academicen_US
dc.relation.ispartofThe Review of Financial Studies
dc.subjectSocial sciencesen_US
dc.subjectBusiness, financeen_US
dc.subjectEconomicsen_US
dc.subjectBusiness & economicsen_US
dc.subjectGreat Reform Acten_US
dc.subjectElectionsen_US
dc.subjectCorruptionen_US
dc.subjectDe facto political poweren_US
dc.subjectInstitutionsen_US
dc.subjectMobilizationen_US
dc.subjectProtestsen_US
dc.subjectRentsen_US
dc.subjectValue of connectionsen_US
dc.subjectArab Springen_US
dc.subjectEgypten_US
dc.subjectApplied economicsen_US
dc.subjectBanking, finance and investmenten_US
dc.subjectEconomic theoryen_US
dc.subjectFinanceen_US
dc.titleThe power of the street: evidence from Egypt's Arab Springen_US
dc.typeArticleen_US
dc.description.versionAccepted manuscripten_US
dc.identifier.doi10.1093/rfs/hhx086
pubs.elements-sourcemanual-entryen_US
pubs.notesSource info: NBER Working Paper No. w20665en_US
pubs.notesEmbargo: Not knownen_US
pubs.organisational-groupBoston Universityen_US
pubs.organisational-groupBoston University, College of Arts & Sciencesen_US
pubs.organisational-groupBoston University, College of Arts & Sciences, Department of Economicsen_US
pubs.publication-statusPublisheden_US
dc.date.online2017-08
dc.identifier.mycv241389


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