Canayaz, Mehmet I.; Martinez, Jose V.; Ozsoylev, Han N. - İktisat Bölümü, İktisadi ve İdari Bilimler Fakültesi - 2015
In this paper, we look into the so-called "revolving door of Washington", which is the movement of individuals between federal government positions and jobs in the private sector, and examine its link to long-run stock returns. We find that firms where current public officials become future...