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We assess the influence of moneyed interests on legislative decisions. Our theory predicts that the vote outcome distribution and donation flows in a legislature feature a discontinuity at the approval threshold of bills if special interest groups are involved in vote buying. Testing the...
Persistent link: https://www.econbiz.de/10012103631
allowing for the possibility that policymakers also may be influenced by the rent-seeking (lobbying) behavior of businesses …
Persistent link: https://www.econbiz.de/10003985850
in US states may indeed reduce corruption levels among elected representatives. -- bicameralism ; corruption ; lobbying …
Persistent link: https://www.econbiz.de/10003850512
partner, the agreement can cause a leakage of protectionist benefits to domestic industry from lobbying against external …
Persistent link: https://www.econbiz.de/10009665362
We analyze stock market reactions to announcements of political appointments from the private sector and corporate appointments of former government officials. Using unique data on corporate affiliations and announcements of all Senate-confirmed U.S. Defense Department appointees of six...
Persistent link: https://www.econbiz.de/10009621770
We distinguish between ideational and interest-based appeals to voters on the supply side of politics, and integrate the Keynes-Hayek perspective on the importance of ideas with the Stigler-Becker approach emphasizing vested interests. In our model, political entrepreneurs discover identity and...
Persistent link: https://www.econbiz.de/10012797019
on the influence of lobbying by both national firms and foreign multinationals on trade policies and the gains from …
Persistent link: https://www.econbiz.de/10011482658
We study lobbying behavior by firms in a two-region economy, with either centralized or decentralized provision of … profit-enhancing local public goods. Firms compete either in the market, lobbying for public good provision once entered in a … market, or for the market, lobbying to gain ccess to it. When firms compete in the market, we show that lobbying is …
Persistent link: https://www.econbiz.de/10011509399
We propose a forensic approach to investigate the politico-economic forces that influence narrow vote outcomes in legislative assemblies. Applying nonparametric estimation techniques to a data set covering all roll call votes between 1990 and 2014, we can identify the existence of precise...
Persistent link: https://www.econbiz.de/10011509565
We construct a political equilibrium in which employers and labour unions bargain over labour contracts, wage-earners and profit-earners lobby the government for taxation and labour market regulation, and labour market legislation must be accepted by the majority of voters. We show that the...
Persistent link: https://www.econbiz.de/10011409824