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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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The Importance of Economic Policy in Development : Contrasts Between Korea and Turkey
Krueger, Anne O. - 1987
In the mid-1950's, Turkey was a much richer country than Korea. With about the same population, Turkish GNP was about three times that of Korea, Turkish exports were fifteen times those of Korea, and the Turkish savings rate was much higher than Korean. By 1980, the situation was dramatically...
Persistent link: https://www.econbiz.de/10012476875
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External Debt and Macroeconomic Performance in South Korea
Collins, Susan M. - 1988
During 1980-1986, South Korea went from being the world's fourth largest debtor country, in the midst of an economic crisis, to a model of successful adjustment, with high growth rates and a current account surplus. This paper summarizes the findings of an in depth analysis of Korea's...
Persistent link: https://www.econbiz.de/10012476474
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Macroprudential Policies in Open Emerging Economies
Hahm, Joon-Ho - 2012
This paper examines macroprudential policies in open emerging economies. It discusses how the recent financial crisis has provided a rationale for macroprudential policies to help manage the economy and the need for policymakers to monitor the financial cycle and systemic risks. It also...
Persistent link: https://www.econbiz.de/10012460878
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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
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How Does the Government (Want to) Fund Science? Politics, Lobbying and Academic Earmarks
de Figueiredo, John M. - 2007
review of the evidence on the supply of earmarks by legislators. It then discusses the role of university lobbying for …
Persistent link: https://www.econbiz.de/10012465189
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Buy, Lobby or Sue : Interest Groups' Participation in Policy Making - A Selective Survey
Spiller, Pablo T. - 2006
The participation of interest groups in public policy making is unavoidable. Its unavoidable nature is only matched by the universal suspicion with which it has been seen by both policy makers and the public. Recently, however, there has been a growing literature that examines the participation...
Persistent link: https://www.econbiz.de/10012466460
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Putting the Lid on Lobbying : Tariff Structure and Long-Term Growth when Protection is for Sale
Nunn, Nathan - 2006
It has long been recognized that a country's tariffs are the endogenous outcome of a rent-seeking game whose equilibrium reflects national institutions. Thus, the structure of tariffs across industries provides insights into how institutions, as reflected in tariff policies, affect long-term...
Persistent link: https://www.econbiz.de/10012466530
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Lobbying Competition Over Trade Policy
Gawande, Kishore - 2005
investigates empirically the consequences of lobbying competition between upstream and downstream producers for trade policy. The … with lobbying competition. Importantly, accounting for lobbying competition also alters substantially estimates of the …
Persistent link: https://www.econbiz.de/10012467312
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Influencing Connected Legislators
Battaglini, Marco - 2016
This paper studies how interest groups allocate campaign contributions when congressmen are connected by social ties. We establish conditions for the existence of a unique Nash equilibrium in pure strategies for the contribution game and characterize the associated allocation of the interest...
Persistent link: https://www.econbiz.de/10012455941