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From 1870 to 1920, when corruption appears to have declined significantly within the United States, the press became … of the informative press was one of the reasons why the corruption of the Gilded Age was sharply reduced during the …
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This paper addresses the effects of the revolving door phenomenon on the inequality of influence among firms. It shows that firms are not equal in their capacities to benefit from state connections. We first develop a theoretical model introducing the notion of "bureaucratic capital" and showing...
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