What is the impact of campaign spending on votes? Does it vary across election types and across political parties? Estimating these effects requires comprehensive data on spending across candidates, parties and elections, as well as identification strategies that successfully deal with the...

We analyze the incentives created by debt financing in political campaigns. Debt is a significant source of funding for political campaigns, with almost half of all campaigns relying on some form of debt. Moreover, indebted politicians raise more funds in subsequent elections, especially from...

This paper focuses on how the COVID-19 pandemic and the measures taken to fight off the pandemic influenced the political parties’ financial opportunities in Hungary. In order to provide context, relevant questions regarding the everyday life and operation of parties are also addressed. As an...

The perceived increase in corporate political influence has raised concerns that corporations advance policies that benefit capital and harm labor. We examine whether money in politics harms labor using the surprise Supreme Court ruling Citizens United v. FEC (2010), which rendered bans on...

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...