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The Political Economy of the U.S. Mortgage Default Crisis
Mian, Atif - 2008
We examine the determinants of congressional voting behavior on two of the most significant pieces of federal legislation in U.S. economic history: the American Housing Rescue and Foreclosure Prevention Act of 2008 and the Emergency Economic Stabilization Act of 2008. We find evidence that...
Persistent link: https://www.econbiz.de/10012464179
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Randomizing Religion : The Impact of Protestant Evangelism on Economic Outcomes
Bryan, Gharad T. - 2018
To test the causal impact of religiosity, we conducted a randomized evaluation of an evangelical Protestant Christian values and theology education program that consisted of 15 weekly half-hour sessions. We analyze outcomes for 6,276 ultra-poor Filipino households six months after the program...
Persistent link: https://www.econbiz.de/10012453436
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How EU Markets Became More Competitive Than US Markets : A Study of Institutional Drift
Gutiérrez, Germán - 2018
political and lobbying expenditures have increased much more in America than in Europe, and using data across industries and …
Persistent link: https://www.econbiz.de/10012453020
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Economic Interests, Worldviews, and Identities : Theory and Evidence on Ideational Politics
Ash, Elliott; Mukand, Sharun W.; Rodrik, Dani - National Bureau of Economic Research - 2021
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/10012696383
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Lobbying Physicians : Payments from Industry and Hospital Procurement of Medical Devices
Bergman, Alon; Grennan, Matthew; Swanson, Ashley - National Bureau of Economic Research - 2021
We draw upon newly merged administrative data sets to study the relationship between payments from medical technology firms to physicians and medical device procurement by hospitals. These payments (and the interactions that accompany them) may facilitate the transfer of valuable information to...
Persistent link: https://www.econbiz.de/10012794611
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Land and Credit : A Study of the Political Economy of Banking in the United States in the Early 20th Century
Rajan, Raghuram G. - 2009
Economists have argued that a high concentration of land holdings in a country can create powerful interest groups that retard the creation of economic institutions, and thus hold back economic development. Could these arguments apply beyond underdeveloped countries with backward political...
Persistent link: https://www.econbiz.de/10012463566
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Hiring Cheerleaders : Board Appointments of "Independent" Directors
Cohen, Lauren - 2008
We provide evidence that firms appoint independent directors who are overly sympathetic to management, while still technically independent according to regulatory definitions. We explore a subset of independent directors for whom we have detailed, micro-level data on their views regarding the...
Persistent link: https://www.econbiz.de/10012464420
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Foreign Lobbies and US Trade Policy
Gawande, Kishore - 2004
In popular discussion much has been made recently of the susceptibility of government policies to lobbying by … fact be harmful: If the policy outcome absent any lobbying by foreigners is characterized by welfare-reducing trade … barriers, lobbying by foreigners may result in reductions in such barriers and raise consumer surplus (and possibly improve …
Persistent link: https://www.econbiz.de/10012468489
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Optimal Tariffs and Trade Policy Formation : U.S. Evidence from the Smoot-Hawley Era
Irwin, Douglas A.; Soderbery, Anson - National Bureau of Economic Research - 2021
well as industry lobbying data. We find that tariff levels are largely determined by firm lobbies, but about about 5 …
Persistent link: https://www.econbiz.de/10012599405
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Lobbying Behind the Frontier
Bombardini, Matilde; Cutinelli-Rendina, Olimpia; … - National Bureau of Economic Research - 2021
competition in U.S. industries. Lobbying expenditures increase as a consequence of import changes related to the China shock. The … effect on lobbying is not homogeneous across firms and it concentrates particularly in those producers which are behind the … technological frontier. We discuss theoretical mechanisms driving lobbying of firms away from the technological frontier: not only …
Persistent link: https://www.econbiz.de/10012616568