We study the effects of social media political advertising by randomizing subsets of 36,906 Facebook users and 25,925 Instagram users to have political ads removed from their news feeds for six weeks before the 2020 US presidential election. We show that most presidential ads were targeted toward parties’ own supporters and that fundraising ads were most common. On both Facebook and Instagram, we found no detectable effects of removing political ads on political knowledge, polarization, perceived legitimacy of the election, political participation (including campaign contributions), candidate favorability, and turnout. This was true overall and for both Democrats and Republicans separately.
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Allcott, Hunt and Gentzkow, Matthew and Levy, Ro’ee and Crespo-Tenorio, Adriana and Dumas, Natasha and Mason, Winter and Moehler, Devra and Barbera, Pablo and Brown, Taylor and Cisneros, Juan Carlos and Dimmery, Drew and Freelon, Deen and González-Bailón, Sandra and Guess, Andrew and Kim, Young Mie and Lazer, David and Malhotra, Neil A. and Nair-Desai, Sameer and Nyhan, Brendan and Paixao de Queiroz, Ana Carolina and Pan, Jennifer and Settle, Jaime and Thorson, Emily and Tromble, Rebekah and Velasco, Carlos and Wittenbrink, Benjamin and Wojcieszak, Magdalena and Yang, Shiqi and Zahedian, Saam and Franco, Annie and Kiewiet de Jonge, Chad and Stroud, Talia and Tucker, Joshua Aaron, The Effects of Political Advertising on Facebook and Instagram before the 2020 US Election (May 2025). NBER Working Paper No. w33818, Available at SSRN: https://ssrn.com/abstract=5259653