This paper investigates whether institutional investors influence the political activities of their portfolio firms, using political action committee (PAC) giving as a window into the broader question …
PublishedAmerican Economic ReviewOnline 1 Oct 2025Published Oct 2025
Do individual political views shape firm behavior and labor market outcomes in the private sector? Specifically, do business owners sort copartisan workers into their firms, and does employers' …
Online FirstReview of Economic StudiesOnline 17 Jun 2026
Mastrorocco and Teso study how the internal organization of a state evolves during national development, framing state capacity as an organizational — specifically a principal-agent — problem. Using a …