Politics at Work

• 成果类型: Article
• 署名作者: Colonnelli, Emanuele; Neto, Valdemar Pinho; Teso, Edoardo
• 署名单位: University of Chicago; National Bureau of Economic Research; Centre for Economic Policy Research - UK; Getulio Vargas Foundation; Bocconi University; Northwestern University; Bocconi University
• 刊物名称: AMERICAN ECONOMIC REVIEW
• ISSN/ISSBN: 0002-8282
• DOI: 10.1257/aer.20240151
• 发表日期: 2025
• 页码: 3367-3414
• 关键词: Social networks; ECONOMIC-BEHAVIOR; CONSEQUENCES; partisanship; relatives; patronage; selection; QUALITY; COSTS

摘要

We study how individual political views shape firm behavior and labor market outcomes using new microdata from Brazil. We first show that business owners are considerably more likely to employ copartisan workers. This phenomenon is in part driven by the overlapping of political and social networks. Multiple tests-surveys, event studies, analyses of wage premia and promotions within the firm, and afield experiment-further highlight how business owners' political preferences directly influence firms' employment decisions. A channel of political discrimination appears more relevant than one of political quid pro quo between firms and politicians. (JEL C93, D22, D72, J23, M51, O17, Z13)