Vidal, Jordi Blanes i; Draca, Mirko; Fons-Rosen, Christian - In: American Economic Review 102 (2012) 7, pp. 3731-48
Washington's "revolving door"––the movement from government service into the lobbying industry––is regarded as a major concern for policy-making. We study how ex-government staffers benefit from the personal connections acquired during their public service. Lobbyists...