Can one single political leader influence macroeconomic expectations on a global scale? We design a large-scale survey experiment among influential economic experts working in more than 100 countries and use the 2020 US presidential election as a quasi-natural experiment to identify the effect...

We study the impact of US presidential election TV debates on intraday exchange rates of 96 currencies from 1996 to 2016. Expectations about protectionist measures are the main transmission channel of debate outcomes. Currencies of countries with high levels of bilateral foreign trade with the...

In a remarkable development for Turkish politics, six opposition parties signed a joint manifesto at a public ceremony on 28 February. The document outlines plans to abolish the executive presidential system and restore rule of law and civil liberties under a "strengthened parliamentary system"....

Ferdinand "Bongbong" Marcos Jr. won the Philippines' presidential election by a landslide on 9 May and was officially sworn in on 30 June. During the election campaign, Marcos Jr. - the son of Philippine dictator Ferdinand Marcos Sr. who was ousted in 1986 - remained extremely vague when it came...