The study of political parties and voter partisanship has come full circle in 4 decades. During
the 1960s and 1970s numerous scholars advanced the thesis of party decline, contending …

The 2016 election of Donald J. Trump invoked a time for reflection about the state of
American politics and its deep ideological, cultural, racial, regional, and economic divisions …

This research examines the relationship between policy uncertainty and mergers and
acquisitions (M&As). We find that policy uncertainty is negatively related to firm …

This research examines the relation between government economic policy uncertainty and
firm cash holdings. We find evidence that policy uncertainty is positively related to firm cash …

Using a news-based index of policy uncertainty, we document a strong negative relationship
between firm-level capital investment and the aggregate level of uncertainty associated with …

We measure the persuasive effects of slanted news and tastes for like-minded news,
exploiting cable channel positions as exogenous shifters of cable news viewership. Channel …

We examine the impact of economic policy uncertainty (EPU) on bank liquidity hoarding. We
create a comprehensive measure of bank liquidity hoarding that takes into account asset …

I develop a method to measure the ideology of candidates and contributors using campaign
finance data. Combined with a data set of over 100 million contribution records from state …

During the past two generations, democratic forms have coexisted with massive increases in
economic inequality in the United States and many other advanced democracies. Moreover …

Rarely these days does a news cycle pass without new stories of political dysfunction in
Washington, DC New reports of stalemates, fiscal cliffs, and failed grand bargains have …