An extensive literature has studied lobbying by special interest groups. We analyze a novel lobbying channel: lobbying businessmen-politicians through business proxies. When a politician controls a business, firms attempting to curry favors shift their spending towards the politician's business....

Which factors stand in the way of cooperation between countries formerly at war? We examine the role of nationalistic content of a media outlet reaching citizens of a neighboring country. We consider radio signals travelling across borders in the region that witnessed one of Europe’s deadliest...

Standard economic models suggest that adverse demand shocks will lead to bigger employment losses if institutional factors like minimum wages or trade unions prevent real wages from declining. Some analysts have argued that this insight explains the dichotomy between the United States, where...