Presidential Parties, Monetary Regimes, and Health Care Returns

Abstract

This study investigates the absolute and risk-adjusted stock return performance of the US health care industry conditional upon the Presidential administrations political party and the Federal Reserves monetary policy stance. It evaluates this return behavior across the 60-year time period from 1954 to 2013, and sub-divides this entire period into the pre-Medicare period (1954-1964), Medicare period (1965-1984), and Medicare-plus-high-health-care-inflation period (1985-2013).

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Document Details

Document Type
Technical Report
Publication Date
Sep 14, 2014
Accession Number
AD1015452

Entities

People

  • Brian C. Payne
  • Gordon V. Karels
  • Jeffery Bredthauer
  • Jiri Tresl

Organizations

  • United States Air Force Academy

Tags

Communities of Interest

  • Biomedical

DTIC Thesaurus Topics

  • Health Care
  • Health Care Management
  • Health Services
  • Medicare
  • Monetary Policy
  • Political Parties

Readers

  • Economics
  • International Relations and Conflict Resolution
  • Library and Information Science/ Studies, Southeast Asia Studies, Bibliography of Vietnam and Lao Studies.