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Congress roll call votes on financial liberalisation were biased by industry-led campaign contributions and lobbying activities …
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"Keefer proposes a new approach to explain why the costs of crisis are greater in some countries than in others. He begins with the premise that many crises result from the willingness of politicians to cater to special interests at the expense of broad social interests. A parsimonious model...
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The author proposes a new approach to explain why the costs of crisis are greater in some countries than in others. He begins with the premise that many crises result from the willingness of politicians to cater to special interests, at the expense of broad social interests. A parsimonious model...
Persistent link: https://www.econbiz.de/10012559874
Responses to the Crisis -- Knowledge Asymmetries and the Idea of Knowledge-Based Regulation -- Knowledge Capture in Financial … Regulation: A Theoretic Framework. … reformulations thereof, she develops “knowledge capture” as a theoretic framework to assess financial regulation under conditions of …
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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 …
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