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We investigate the employment consequences of private equity buyouts. We find that, on average, buyouts by politically … of politically connected private equity firms increase employment more during election years and in states with high …
Persistent link: https://www.econbiz.de/10013007402
Despite a variety of measures taken by high tax countries, the international fight against tax havens so far remained rather ineffective. This paper introduces lobbying as a possible explanation for this observation. I analyze the international fight against tax havens in a two country model in...
Persistent link: https://www.econbiz.de/10011825225
Although the theoretical literature often uses lobbying and corruption synonymously, the empirical literature associates lobbying with the preferred mean for exerting influence in developed countries and corruption with the preferred one in developing countries. This paper challenges these...
Persistent link: https://www.econbiz.de/10010268635
Although the theoretical literature often uses lobbying and corruption synonymously, the empirical literature associates lobbying with the preferred mean for exerting influence in developed countries and corruption with the preferred one in developing countries. This paper challenges these...
Persistent link: https://www.econbiz.de/10003755929
Conventional wisdom suggests that lobbying is the preferred mean for exerting political influence in rich countries and corruption the preferred one in poor countries. Analyses of their joint effects are understandably rare. This paper provides a theoretical framework that focus on the...
Persistent link: https://www.econbiz.de/10013317433
Although the theoretical literature often uses lobbying and corruption synonymously, the empirical literature associates lobbying with the preferred mean for exerting influence in developed countries and corruption with the preferred one in developing countries. This paper challenges these...
Persistent link: https://www.econbiz.de/10014214706
Although the theoretical literature often uses lobbying and corruption synonymously, the empirical literature associates lobbying with the preferred mean for exerting influence in developed countries and corruption with the preferred one in developing countries. This paper challenges these...
Persistent link: https://www.econbiz.de/10013324976
1996 and 2006 experienced lower aggregate employment growth during the period than those that did not. A wide array of … due to selection. Crony entry skewed the distribution of employment toward smaller, less productive firms; crony firms did …
Persistent link: https://www.econbiz.de/10011544875
Does political connection affect bank efficiency during both financial and political crises? This study addresses this question by adopting a two-stage approach that uses a quantile regression analysis of a unique dataset of listed banks in the Middle East and North Africa region. Our results...
Persistent link: https://www.econbiz.de/10012961001
Mancur Olson's Logic of Collective Action has provided the dominant framework for understanding the impact of encompassing unions and employers confederations on wage-setting in Western Europe. In particular, scholars have drawn upon Olson's writing to descripe corporatism as a means for...
Persistent link: https://www.econbiz.de/10010284508