{"title":"U.S Congress members’ trading activities: A case of NANC and KRUZ","authors":"Vishaal Baulkaran , Pawan Jain","doi":"10.1016/j.econlet.2025.112263","DOIUrl":null,"url":null,"abstract":"<div><div>This paper analyzes U.S. Congress members' investment behaviors through ETFs NANC and KRUZ, reflecting Democratic and Republican trading patterns. While NANC outperforms KRUZ, neither significantly outperforms market returns, suggesting regulatory measures like the STOCK Act mitigate informational advantages.</div></div>","PeriodicalId":11468,"journal":{"name":"Economics Letters","volume":"250 ","pages":"Article 112263"},"PeriodicalIF":2.1000,"publicationDate":"2025-03-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Economics Letters","FirstCategoryId":"96","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S0165176525001004","RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 0
Abstract
This paper analyzes U.S. Congress members' investment behaviors through ETFs NANC and KRUZ, reflecting Democratic and Republican trading patterns. While NANC outperforms KRUZ, neither significantly outperforms market returns, suggesting regulatory measures like the STOCK Act mitigate informational advantages.
期刊介绍:
Many economists today are concerned by the proliferation of journals and the concomitant labyrinth of research to be conquered in order to reach the specific information they require. To combat this tendency, Economics Letters has been conceived and designed outside the realm of the traditional economics journal. As a Letters Journal, it consists of concise communications (letters) that provide a means of rapid and efficient dissemination of new results, models and methods in all fields of economic research.