By Nicolo Fraccaroli | Posted on 25 May 2022

Highlights • We explore if party ideology influences how legislators speak to central banks. • We apply text analysis to the European Central Bank’s parliamentary hearings. • We find that...


By Elisabeth Kempf | Posted on 4 October 2021

Does partisan perception shape the flow of international capital? We provide evidence from two settings, syndicated corporate loans and equity mutual funds, to show that ideological alignment with foreign governments...


By Haikun Zhu | Posted on 22 June 2021

We investigate how politicians’ ideologies affect economic outcomes and financial development through firm-level channels. We explore a unique setting of ideological change in China from Mao’s ideology to Deng’s around...