"The paper evaluates the effects of privatization in the post-communist economies and China. In post … institutional development. In China relatively more estimates suggest that privatization to domestic owners improves the level of …-communist economies, but foreign joint ventures rather than wholly owned foreign firms have a positive effect in China. Worker or …

lobbying. For the U.S. financial crisis of 2007-09, this paper shows that lobbying activity intensified, driven by large firms … endogenous lobbying, the paper studies the aggregate consequences of this rise in lobbying activity. When calibrated to U ….S. micro data, the model generates an increase in lobbying that matches the magnitude and the cross-sector and within …