Government or company decisions on whom to hire are mostly delegated to politicians, public sector officials or human …

We empirically investigate whether the persistence of politicians in political institutions affects the innovation …’ innovation activity. However, once the causal effect is isolated by means of instrumental variables, using death of politicians …-term connections with politicians. …

The theory of economic voting has extensively explored the influence of national economic conditions on votes for the … of voting swings in the sense of change in votes for non-governing parties. This is owed to the limitations of the theory … the incumbent at the heart of the theory of economic voting explains only a marginal part of total electoral volatility. …

In this paper we model the commercial lobbying industry (such as the so-called K-Street lobbyists of Washington, D ….C.). In contrast to classical special interest groups commercial lobbying firms are not directly motivated by policy outcomes … level of commercial lobbying services is typically socially inefficient, and characterize the nature of the distortions …