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Lobbying on Regulatory Enforcement Actions : Evidence from U.S. Commercial and Savings Banks

Lambert, Thomas - 2019

This paper analyzes the relationship between bank lobbying and supervisory decisions of regulators, and documents its … States, I find that regulators are 44.7 percent less likely to initiate enforcement actions against lobbying banks. This … result is robust across measures of lobbying, and accounts for endogeneity concerns by employing instrumental variables …

Persistent link: https://www.econbiz.de/10012904652

The revolving door : state connections and inequality of influence in the US banking sector

Brezis, Elise S.; Cariolle, Joël - 2017

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...

Persistent link: https://www.econbiz.de/10011729453

Vote buying in the US Congress

Matter, Ulrich; Roberti, Paolo; Slotwinski, Michaela - 2019

We assess the influence of moneyed interests on legislative decisions. Our theory predicts that the vote outcome …

Persistent link: https://www.econbiz.de/10012126192

Hyperbolic discounting and politics : the beneficial effects of bureaucrats

Drometer, Marcus - 2006

This paper introduces hyperbolic discounting into politics. In our model, politicians act according to the preferences of voters in order to be re-elected. As voters' preferences are dynamically inconsistent, the political process results in an allocation of the public budget that is distorted...

Persistent link: https://www.econbiz.de/10009744916

(Dis)honest politicians and the value of transparency for campaign promises

Lang, Matthias; Schudy, Simeon - 2020

Promises are prevalent in many economic environments. They offer the opportunity to honor future obligations when promise keeping is observable. This paper studies the value of transparency and asks whether promises still work if such transparency is missing. We focus on the context of campaign...

Persistent link: https://www.econbiz.de/10012231501

Conceptualizing wise management decision‐making : a grounded theory approach

Intezari, Ali; Pauleen, David J. - In: Decision sciences : DS 49 (2018) 2, pp. 335-400

Persistent link: https://www.econbiz.de/10011883554

The role of party affiliation, lobbying, and electoral incentives in decentralized us state support of the environment

Pacca, Lucia; Curzi, Daniele; Rausser, Gordon C.; … - In: Journal of the Association of Environmental and … 8 (2021) 3, pp. 617-653

Persistent link: https://www.econbiz.de/10012610598

Reforming legislatures : is one house better than two?

Facchini, Giovanni; Testa, Cecilia - 2009

in US states may indeed reduce corruption levels among elected representatives. -- bicameralism ; corruption ; lobbying …

Persistent link: https://www.econbiz.de/10003850512

Special interest groups versus voters and the political economics of attention

Balles, Patrick; Matter, Ulrich; Stutzer, Alois - 2018

Asymmetric information between voters and legislative representatives poses a major challenge to the functioning of representative democracy. We examine whether representatives are more likely to serve long-term campaign donors instead of constituents during times of low media attention to...

Persistent link: https://www.econbiz.de/10011949175

Special interest groups versus voters and the political economics of attention

Balles, Patrick; Matter, Ulrich; Stutzer, Alois - 2020

We examine whether representatives are more likely to serve long-term campaign donors instead of constituents during times of low media attention to politics. Based on 425 roll calls between 2005 and 2014 in the US House of Representatives, we show that representatives are more likely to vote...

Persistent link: https://www.econbiz.de/10012211217

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