We develop a tractable theory to study the impact of biased media on election outcomes, voter turnout and welfare. News … elections, the former determines the election outcome, whereas the latter drives voter turnout. With a single media outlet, a … rise in media bias affects the election outcome in a non-monotonic way, and reduces voter welfare by decreasing the …

. Elections are needed as a carrot and a stick to motivate politicians, yet politicians who are overly interested in re-election …

following the election, even after controlling forindustry-specific effects and firm-specific controls. This suggests that … following election, suggesting that contributionsgained firms preferential access to finance. …