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Policy persistence and rent extraction
Friedrich, Silke - 2013
The existing literature has shown that special interest groups can have both growth enhancing and retarding effects on an economy. In either case it is always assumed that the nature of the special interest groups remains constant over time. The hypothesis of this paper is that a dynamic...
Persistent link: https://www.econbiz.de/10009766682
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Policy persistence and rent extraction
Friedrich, Silke - 2011
Persistent link: https://www.econbiz.de/10009312124
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Lobbying of firms by voters
Dahm, Matthias; Dur, Robert A. J.; Glazer, Amihai - 2009
A firm may induce voters or elected politicians to support a policy it favors by suggesting that it is more likely to invest in a district whose voters or representatives support the policy. In equilibrium, no one vote may be decisive, and the policy may gain strong support though the majority...
Persistent link: https://www.econbiz.de/10011378822
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Lobbying of Firms by Voters
Dahm, Matthias; Dur, Robert; Glazer, Amihai - 2009
A firm may induce voters or elected politicians to support a policy it favors by suggesting that it is more likely to invest in a district whose voters or representatives support the policy. In equilibrium, no one vote may be decisive, and the policy may gain strong support though the majority...
Persistent link: https://www.econbiz.de/10014205871
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Policy persistence and rent extraction
Friedrich, Silke - In: Public choice 157 (2013) 1/2, pp. 287-304
Persistent link: https://www.econbiz.de/10010192402
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Partial exclusivity can resolve the empirical puzzles associated with rent-seeking activities
Leppälä, Samuli - 2018
.S. state-level lobbying expenditures, which reveals another puzzle regarding the constant relationship between aggregate …
Persistent link: https://www.econbiz.de/10011961962
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Political corruption and minority capture
Giannoccolo, Pierpaolo; Lisciandra, Maurizio - 2014
This analysis investigates a political corruption model that builds on previous literature on corruption in hierarchies. Our study enriches the literature on political corruption emphasizing the contrasting role of the minorities having a control role of the majorities. In particular, this paper...
Persistent link: https://www.econbiz.de/10011725698
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Uncertainty and the Politics of Employment Protection
Vindigni, Andrea - 2021
This paper investigates the role that idiosyncratic uncertainty plays in shaping social preferences over the degree of labor market flexibility, in a general equilibrium model of dynamic labor demand where the productivity of firms evolves over time as a Geometric Brownian motion. A key result...
Persistent link: https://www.econbiz.de/10013325149
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Politicians' motivation, role of elections, and policy choices
Wrasai, Phongthorn - 2005
We develop a simple two period model to study the importance of motivational differences among politicians in describing the role of elections and explaining policy choices. In our model, politicians differ in their motives of running public office. Good politicians care about policies while bad...
Persistent link: https://www.econbiz.de/10011343267
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Side-Effects of campaign finance reform
Dahm, Matthias (contributor); Porteiro, Nicolás (contributor) - 2005
relevant information, we also assume that lobbies engage in non-negligible informational lobbying. We focus on a single … political decision to be taken and offer a simple model in which the optimal influence strategy is a mixture of both lobbying … lobbying so that less policy relevant information is available and as a result political decisions become less efficient …
Persistent link: https://www.econbiz.de/10003780356