Showing 1 - 10 of 325
This paper studies how interest groups allocate campaign contributions when congressmen are connected by social ties. We establish conditions for the existence of a unique Nash equilibrium in pure strategies for the contribution game and characterize the associated allocation of the interest...
Persistent link: https://www.econbiz.de/10012455941
We examine whether corporate money in politics benefits or hurts labor using the 2010 Supreme Court ruling Citizens United, which rendered bans on political election spending unconstitutional. In difference-in-difference analyses, affected states experience increases in both capital and labor...
Persistent link: https://www.econbiz.de/10014322868
This study examines the rise of private health insurance in the United States in the post- World War II era. We investigate the role of the American Medical Association (AMA) which financed a campaign against National Health Insurance that was directed by the country's first political public...
Persistent link: https://www.econbiz.de/10014544762
We propose a general equilibrium model where two special interest groups (SIGs) compete to influence public opinion. Citizens with heterogeneous priors over a binary state of the world receive reports drawn from a continuous message space by a variety of sources. The two opposite SIGs attempt to...
Persistent link: https://www.econbiz.de/10014322801
inputs, and product characteristics with plausibly exogenous variation in the availability and adoption of broadband internet …, this paper provides causal evidence on how the internet affected the traditional print media market. Household adoption of … broadband internet triggered large reductions in print readership and circulation and equally large increases in online news …
Persistent link: https://www.econbiz.de/10014226136
Do politicians tend to follow a strategy of ambiguity in their policy positions or a strategy of reputational development to reduce uncertainty about where they stand? Ambiguity could allow a legislator to avoid alienating constituents and to play rival interests off against each other to...
Persistent link: https://www.econbiz.de/10012471301
This paper investigates the relationship between the size of interest groups in terms of voter representation and the interest group's campaign contributions to politicians. We uncover a robust hump-shaped relationship between the voting share of an interest group and its contributions to a...
Persistent link: https://www.econbiz.de/10012464972
We study the characteristics and behavior of small campaign donors and compare them to large donors by building a dataset including all the 340 million individual contributions reported to the U.S. Federal Election Commission between 2005 and 2020. Thanks to the reporting requirements of online...
Persistent link: https://www.econbiz.de/10013210078
To what extent is U.S. state tax policy affected by corporate political contributions? The 2010 Supreme Court Citizens United v. Federal Election Commission ruling provides an exogenous shock to corporate campaign spending, allowing corporations to spend on elections in 23 states which...
Persistent link: https://www.econbiz.de/10013362006
It has long been observed that there is little money in U.S. politics compared to the stakes. But what if contributions are not fully observable or non-monetary in nature and thus not easily quantifiable? We study this question with a new data set on the top 1000 donors in U.S. congressional...
Persistent link: https://www.econbiz.de/10014635612