Showing 1 - 10 of 372
We estimate institutional investor preferences based on their proxy voting records in publicly listed Russell 3000 firms. We employ a spatial model of proxy voting, the W-NOMINATE method for scaling legislatures, and map institutional investors onto a left-right dimension based on their votes...
Persistent link: https://www.econbiz.de/10012479668
Throughout the Western world, people's policy views are correlated across domains in a strikingly similar fashion. This …
Persistent link: https://www.econbiz.de/10012481366
We test the relationship between historical immigration to the United States and political ideology today. We hypothesize that European immigrants brought with them their preferences for the welfare state, and that this had a long-lasting effect on the political ideology of US born individuals....
Persistent link: https://www.econbiz.de/10012481821
Ideas about what is "fair" above and beyond the individual's position in the income ladder influence preferences for redistribution. We study the dynamic evolution of different economies in which redistributive policies, perceptions of fairness, inequality and growth are jointly determined. We...
Persistent link: https://www.econbiz.de/10012463062
We construct a new index of media slant that measures whether a news outlet.s language is more similar to that of a congressional Republican or Democrat. We apply the measure to study the market forces that determine political con- tent in the news. We estimate a model of newspaper demand that...
Persistent link: https://www.econbiz.de/10012465953
Preferences for redistribution, as well as the generosities of welfare states, differ significantly across countries. In this paper, we test whether there exists a feedback process of the economic regime on individual preferences. We exploit the "experiment" of German separation and...
Persistent link: https://www.econbiz.de/10012466972
Public opinion influences politicians, and therefore influences public policy decisions. What are the roles of self …-designed survey, we find that most respondents express a strong desire to be well informed on economic policy issues, and that … television is their dominant source of information. On a variety of major policy issues (e.g., taxes, social security, health …
Persistent link: https://www.econbiz.de/10012467903
There are two different types of media bias. One bias, which we refer to as ideology, reflects a news outlet's desire to affect reader opinions in a particular direction. The second bias, which we refer to as spin, reflects the outlet's attempt to simply create a memorable story. We examine...
Persistent link: https://www.econbiz.de/10012469412
In this paper, we empirically investigate how government ideology affects trade policy. The prediction of a partisan …
Persistent link: https://www.econbiz.de/10012469470
We study how the structure of social media networks and the presence of fake news might affect the degree of misinformation and polarization in a society. For that, we analyze a dynamic model of opinion exchange in which individuals have imperfect information about the true state of the world...
Persistent link: https://www.econbiz.de/10012453252