Showing 1 - 10 of 124
This study investigates the existence of political rents in bank lending, using a comprehensive loan-level data set of the universe of commercial loans in Mexico from 2003 to 2012. Identification relies on changes in the state of origin of a senate committee chairman as a source of exogenous...
Persistent link: https://www.econbiz.de/10012246399
. Some aspects of protection also seem to be consistent with predictions of a lobbying model in that agricultural protection …
Persistent link: https://www.econbiz.de/10012246937
reviewed that will allow econometric specifications that have both explanatory and policy reform implications …
Persistent link: https://www.econbiz.de/10012246943
Do elites capture foreign aid? This paper documents that aid disbursements to highly aid-dependent countries coincide with sharp increases in bank deposits in offshore financial centers known for bank secrecy and private wealth management, but not in other financial centers. The estimates are...
Persistent link: https://www.econbiz.de/10012229106
Research on the determinants of collective action in the commons generally focuses on interest-group heterogeneity, implicitly assuming that groups perceive the same problems but have different priorities. This paper changes the focus to the role played by perceptions themselves. Within...
Persistent link: https://www.econbiz.de/10012058969
This paper examines whether political connections ease financial constraints faced by firms. Using firm-level data from six Central and Eastern European economies, the paper shows that politically connected firms: (i) have high levels of leverage, (ii) have low levels of profitability, (iii) are...
Persistent link: https://www.econbiz.de/10012113824
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 …
Persistent link: https://www.econbiz.de/10011843854
Brazil approaches its 2018 election with an economy that is gradually recovering from the deepest recession in its … rising incomes. This book explores the drivers of future employment and income growth. Its key finding: Brazil needs to … its citizens and generate lasting gains in incomes growth for all. This is particularly important as Brazil is aging …
Persistent link: https://www.econbiz.de/10012644126
Skills and Jobs in Brazil: An Agenda for Youth is a new report focusing on the challenge of economic engagement among … the Brazilian youth. In the context of a fast aging population, Brazil's greatest economic opportunity is to increase its … challenging labor market. The report suggests new education, skills, and jobs policy changes that Brazil could prioritize moving …
Persistent link: https://www.econbiz.de/10012644192
Persistent link: https://www.econbiz.de/10012644526