This paper studies the joint effect of fractionalization and inequality on the size of government. Within a political … fractionalization and group antagonism reduce the support for redistribution. Whereas within group inequality increases support for …

This paper provides causal evidence on the effect of credit crunches on political polarization. We combine data on bank …

polarization of the electorate into changes in the distribution of voter ideal positions and consequences of elite polarization …

competition over endogenously determined policies induces strategic restraint that reduces polarization and, in turn, wasteful …

Many political commentators diagnose an increasing polarization of the U.S. electorate into two opposing camps. However … position of the median voter does not change. We show that media bias provides a mechanism through which political polarization … electoral outcomes. We show that polarization increases the profitability of slanting news, thereby raising the likelihood of …