By counting the number of articles published in major US newspapers containing carefully selected keywords, we construct a time varying measure of ethnic tension. Then, we empirically test the predictions of a theoretical model by using the aforementioned measure, and investigate how ethnic...

We investigate the firm-level investment responses to narrative shocks to average personal and corporate tax rates using a universal micro dataset of publicly-traded U.S firms for the post-1962 period. By allowing for heterogeneous effects over the business cycle and accompanying monetary policy...

Populist parties recently have shaken Western democracies, yet there is no consensus regarding the characteristics of populist voters. By using large-scale surveys from four European countries (France, Germany, Spain, and the U.K.), we investigate individual determinants of populist voting. Our...