This paper examines the role of local TV market structure in US congressional politics, exploiting variation in the overlaps of political markets and TV markets. Local TV stations are hypothesized to report relatively more per US House representative in less populous markets (where the number of...

Using American Recovery and Reinvestment Act (ARRA) data, we show that firms lever their political connections to win stimulus grants and that public expenditure channeled through politically connected firms hinders job creation. We build a unique database that links information on campaign...

Where does the money come from to buy votes? We argue that an important source of funds for vote-buying comes from 'contract clientelism', or the provision of public contracts to private firms in exchange for campaign donations. Using quantitative data on Colombian infrastructure contracts, we...

Labor unions' greatest potential for political influence likely arises from their direct connection to millions of individuals at the workplace. There, they may change the ideological positions of both unionizing workers and their non-unionizing management. In this paper, we analyze the...

We examine whether representatives are more likely to serve long-term campaign donors instead of constituents during times of low media attention to politics. Based on 425 roll calls between 2005 and 2014 in the US House of Representatives, we show that representatives are more likely to vote...

A recent policy development has been voluntary self-regulation of internet platforms through the establishment of online ad archives. Since 2018, concern over the potential misuse of platforms has led to calls for reform of online campaign monitoring. In response, Google, Facebook and Twitter...

Campaign financing is defined as money and other resources used by parties and candidates during primary, parliamentary, or presidential elections to secure nomination and election to political office. In this paper, we develop a demandsupply framework for analysing and understanding such...

This paper examines the role of local TV market structure in US congressional politics, exploiting variation in the overlaps of political markets and TV markets. Local TV stations are hypothesized to report relatively more per US House representative in less populous markets (where the number of...

Despite the importance and prevalence of corporate political activities in modern organizations, there remains noticeable limited insights on the potential relationship between political contributions and companies risk-taking activities. Using a cross-country sample of 307 firms from 22...

We estimate the effects of one of the largest anti-vote-buying campaigns ever studied — with half a million voters exposed across 1427 villages—in Uganda’s 2016 elections. Working with civil society organizations, we designed the study to estimate how voters and candidates responded to...

We study the characteristics and behavior of small campaign donors and compare them to large donors by building a dataset including all the 340 million individual contributions reported to the U.S. Federal Election Commission between 2005 and 2020. Thanks to the reporting requirements of online...

Campaign finance reform protects the integrity of the American political governmental process. But, campaign finance reform measures have not been analyzed with this understanding. The republican form of government-the heart of American governance-reflects a principle of power derived from the...

The current debate over campaign finance reform typically overlooks a compelling reason why such reform is important: equality of political participation. American representative democracy, the Constitution and its Amendments embrace the principle of equality of political participation....

Donors to political campaigns are characterized as either investors who seek an economic return on their donations or as consumers who use their donations to express their preferences. We present a theory that predicts donation behavior over time for both types of donors in an electoral context...

The deregulation in campaign finance, stemming from the 2010 United States Supreme Court decision in Citizens United v. Federal Election Commission , has led to nonprofit organizations with anonymous donors spending on advertisements targeting candidates. I study the effects of this “dark...

This note summarizes key movements in campaign finance regulation since 2002, identifies the normative and legal reasoning behind the changes, and provides actionable, practical, possible solutions despite the issue's challenging precedential and political climate.Part I identifies two normative...

Existing approaches to campaign ethics fail to adequately account for the “arms races” incited by competitive incentives in the absence of effective sanctions for destructive behaviors. By recommending scrupulous devotion to unenforceable norms of honesty, these approaches require ethical...

How much does money drive legislative outcomes in the United States? In this article, we use aggregated campaign finance data as well as a Transformer based text embedding model to predict roll call votes for legislation in the US Congress with more than 90% accuracy. In a series of model...

Pork-barrel spending is the use of federal money for localized projects that yield only a narrow geographic benefit. It is a commonly held belief that politicians use this spending to improve their chances of re-election. One way that an incumbent can increase their chances of re-election is...

We assess the influence of moneyed interests on legislative decisions. Our theory predicts that the vote outcome distribution and donation flows in a legislature feature a discontinuity at the approval threshold of bills if special interest groups are involved in vote buying. Testing the...

We assess the influence of moneyed interests on legislative decisions. Our theory predicts that the vote outcome distribution and donation flows in a legislature feature a discontinuity at the approval threshold of bills if special interest groups are involved in vote buying. Testing the...

Information affecting a candidate's reputation might have significant electoral consequences. Do candidates respond to the release of information? Using Brazilian elections and audits as an exogenous source of information, I show that both incumbent and challenger increase their campaign...

Purpose The purpose of this paper is the better understanding of the increasing relation between big data 2.0 and neuromarketing, particularly to influence election outcomes, along with a special aim to discuss some raised doubts about Trump's presidential campaign 2016 and its ability to hijack...

Elections constitute the essential element of democracy, yet surprisingly little is known about their immediate consequences for individual well-being. Cross-country empirical evidence is particularly absent for the campaign period leading up to elections. While elections as a process allow...

How do parties choose issues to emphasize in campaigns, and when does electoral competition force parties to address issues important to voters? Empirical studies have found that although parties focus disproportionately on favourable issues in campaigns, they also spend much of the 'short...

Using American Recovery and Reinvestment Act (ARRA) data, we show that firms lever their political connections to win stimulus grants and that public expenditure channeled through politically connected firms hinders job creation. We build a unique database that links information on campaign...

Where does the money come from to buy votes? We argue that an important source of funds for vote-buying comes from 'contract clientelism', or the provision of public contracts to private firms in exchange for campaign donations. Using quantitative data on Colombian infrastructure contracts, we...

We study the competition between two political parties for seats in a parliament. The parliament will set two types of policies: ideological and non-ideological. The parties have fixed positions on the ideological issues, but choose their non-ideological platforms to attract voters and campaign...

This paper argues that campaign finance policy, in the form of contribution limits and matching public financing, can be Pareto improving even under the most optimistic assumptions concerning the role of campaign advertising and the rationality of voters. The argument assumes that candidates use...

Do audits by executive agencies impact the behavior of those audited? Does revealing negative information about legislators affect electoral results and behavior? Institutions that encourage transparency, such as campaign finance disclosure, influence mass and elite behavior. Campaign finance...

Federal campaign finance law currently prohibits individuals from donating more than $35,500 per year to national political party committees. Yet, in March 2020, former New York City Mayor Michael Bloomberg gave $18 million to the DNC. How was he able to do this? The answer is simple: Mayor...

The perceived importance of "special interest group" money in election campaigns motivates widespread use of caps on allowable contributions. We present a bargaining model in which putting a cap that is not too stringent on the size of the contribution a lobby can make improves its bargaining...

Money has always had a huge role in politics. Political parties and candidates need to finance various activities, which fall within legitimate democratic processes. However, the role of money in sustaining the democratic process has not been well canvassed especially in developing countries...

Information affecting a candidate's reputation might have significant electoral consequences. Do candidates respond to the release of information? Using Brazilian elections and audits as an exogenous source of information, I show that both incumbent and challenger increase their campaign...

Do politicians tend to follow a strategy of ambiguity in their policy positions or a strategy of reputational development to reduce uncertainty about where they stand? Ambiguity could allow a legislator to avoid alienating constituents and to play rival interests off against each other to...

I investigate the association of China’s retaliatory soybean tariff on the Republican vote share change between the 2016 and 2018 mid-term elections. Using county-level election data, I find a significantly negative and spatially heterogeneous association between soybean tariff and Republican...

We examine the politics of the %u201CSalary Grab%u201D of 1873, legislation that increased congressional salaries retroactively by 50 percent. A group of New England and Midwestern elites opposed the Salary Grab, along with congressional franking and patronage-based civil service appointments,...