USA has distinct differences of economic policy by a ruling party. And, USA economy has mainly influenced on it of Korea. So, we examine whether a ruling party of Korea has different regime including rate of return in stock market. The Republican Party and Democratic Party have based on Milton Friedman and Keynes economy at each other's economic policy in the USA The Republican Party and Democratic Party have different interest level and excess return on equity, GDP growth rate, unemployment rate. Also, a ruling party of Korea has different regime and economic activity in this paper.

Abstract
 I. 서론
 II. 실증분석
  2.1 기초 통계량 분석
  2.2 집권정당에 대한 거시경제변수의 경제효과
 Ⅲ. 요약 및 결론
 Ⅳ. 참고문헌

• 김종권 | Kim, Jong-Kwon