Date of Award


Document Type


Degree Name

Master of Arts


Political Science

First Advisor

Dr. John W. Outland


The idea for this research originated with the work of Bruce M. Russett and Elizabeth Hanson in Interest and Ideology: The Foreign Policy Beliefs of American Businessmen. Their work in attempting to identify businessmen's reactions (and hence, beliefs) to events during the Indo-China War by movements in stock prices is, as far as I have been able to find, unique. After discussion with Dr. John Out-land, I undertook to determine if there is a consistent pattern in stock market fluctuations as a result of domestic and international affairs. Can the attitudes of American investors toward specific events be identified through decisions to keep or sell stocks?