. Moreover, consistent with rational partisan theory, results suggest that investors react to political uncertainties stemming …

The serious implications of privatizing state-owned enterprises for politicians, managers, and investors make such … effects. A unique opportunity for this identification arises from a rule of promotion of local politicians based on age …

"Two main career paths are prevalent among politicians in modern democracies: there are career politicians (i ….e., politicians who work in the political sector until retirement), and political careers (i.e., there are politicians who leave … careers of politicians in an environment with a private sector and a political sector, where individuals are heterogeneous …