This paper studies the causal effects of the 2024 US presidential election on business expectations of German manufacturing firms. It exploits the variation in the timing of survey responses to identify shifts in expectations around the election. The probability of reporting negative...

We study the impact of an election campaign on the labor market outcomes of incumbent party supporters. Using unique data on voters' political preferences during a pre-election period in Albania and a DiD design that compares the evolution of outcomes among close neighbours, we show that...

Hirschman's Exit, Voice, and Loyalty (1970) proposed that organizations persist when loyalty tempers incentives to exit after adverse shocks. We test this argument using newly digitized individual-level voting records from 28 English constituencies (1832-1868), covering 134,000 real votes....

We study the communication strategies on Twitter/X of 367 political leaders in 21 countries, focusing on electoral competition between populists and non-populists. We measure polarization by the ease with which the leader can be classified as populist or not, conditional on his tweet. We find...

Viktor Orbáns FIDESZ hat nach 16 Regierungsjahren zum ersten Mal eine Wahlniederlage eingefahren. Vor allem wirtschaftliche Probleme als Folge eines autoritären und interventionistischen Regierungsstils haben den Ausschlag zum rasanten Aufstieg und Erdrutschsieg einer oppositionellen...

We study whether the partisan affiliation of U.S. state governors affects the outcome of partisan judicial elections. Exploiting close gubernatorial races from 1946 to 2023, we find that electing a Democratic (Republican) governor significantly increases the subsequent vote share of Democratic...

This paper reviews a growing body of theoretical and empirical research on Italian populism through a detailed examination of the Five Star Movement (Movimento 5 Stelle, M5S), focusing on its experience in municipal elections. Using a wide range of administrative and survey data, as well as...

We study political shocks as potential birth outcomes stressors, specifically the unexpected result of the 2016 U.S. presidential election. We investigate this two-sided shock using an innovative data linkage: Colorado voter registrations and birth certificates, matched by sex, birth year, and...