In this paper, we discuss whether and how bank lobbying can lead to regulatory capture and have real consequences … through an overview of the motivations behind bank lobbying and of recent empirical evidence on the subject. Overall, the … interpreted as a call for an outright ban of lobbying, they point in the direction of a need for rethinking the framework …

This paper surveys the literature on the relationship between international trade and inclusive growth. It examines … claims that the rise in inequality in many countries can be attributed to the concurrent rise in trade competition …, especially from EMEs like China, spurring trade tensions and protectionist measures. The paper investigates the conflicting …

This paper investigates the impact of long-run terms-of-trade shocks. Analytically, we show that, if capital goods are … during 1965-89. Favorable terms-of-trade shocks increase investment and (especially government) consumption, but reduce …, but Dutch Disease effects are strikingly absent. Investment, consumption, and nontradable output respond more to a terms-of-trade …

this event, firms with little or no prior exposure to the federal accounts that experienced cuts reduced their lobbying … spending. In contrast, firms with a high degree of exposure to the cuts maintained and even increased their lobbying spending … likely intensified their lobbying efforts to distinguish themselves from the others and improve their chances of procuring a …

estimated trade-off is very sensitive to the efficiency of public investment …

We study how lobbying affects the resolution of failed banks, using a sample of FDIC auctions between 2007 and 2014. We … higher costs in such auctions, amounting to 16.4 percent of the total resolution losses. We also find that lobbying winners … have worse operating and stock market performance than their non-lobbying counterparts, suggesting that lobbying results in …

, and (2) lobbying high-level government politicians to resist legal reforms designed to improve judicial efficiency and …

. In particular, we discuss the joint impact of trade openness and political uncertainty. Our theory predicts that the … effect of trade integreation on the environment is conditional on the degree of political uncertainty. Trade integration …. Political uncertainty has a positive effect on environmental policy as it reduces lobbying efforts. Applying our model to a …

regional trade agreement when a multilateral free trade agreement is available, and of how entering a regional trade agreement … affects the incentives to pursue multilateral trade liberalization. Taking into account the influence exerted by organized … interest groups in the formation of trade agreements, we derive a formal condition under which a regional trade agreement is …