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(CAR), franchise value and lobbying, affect various measures of risk in the US banking industry before, during and after … during the crisis. The authors further find evidence suggesting that lobbying decreases bank risk in non-crisis years and … lobbying activities by bank holding companies on bank risk before, during and after the financial crisis.  …
Persistent link: https://www.econbiz.de/10014785432
Purpose – This paper aims to prepare executives to pilot a US lobbying effort within the bounds of the US Federal law …. Lobbying law may be thought of as the “regulation of regulation”, as it defines the ground rules for those wishing to have a … direct impact upon all other regulatory systems. The article outlines what the US lobbying law requires, what it forbids and …
Persistent link: https://www.econbiz.de/10014781886
We study a politician's choice for state or private control of banks. The choice trades of lobbying contributions …
Persistent link: https://www.econbiz.de/10011256743
This paper studies the internal organizational design of politicalinstitutions in presence of lobbying. We consider a … of the feasible policies.In this context, we investigate the impact of lobbying on the optimalallocation of political … as the choicebetween two alternative legislative rules: open versus closed rule.We show that, in presence of lobbying …
Persistent link: https://www.econbiz.de/10011257116
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/10011257421
studies how lobbying by both groups shapes the government’s policy. We find that downtown retailers typically have steeper … lobbying contribution schedules than superstores, which induces the government to underprice central roads and parking spaces …, extending the model to allow for lobbying by residents within the downtown retail district we find that residents may lobby for …
Persistent link: https://www.econbiz.de/10011257673
Taking a political economy perspective this paper proposes an alternative carbon abatement policy instrument with significant cant advantages over existing policy instruments. The key feature of the proposed carbon securities is that they entitle their owners to a fi xed proportion of ex ante...
Persistent link: https://www.econbiz.de/10010894660
Persistent link: https://www.econbiz.de/10010960537
This paper seeks to reduce the ambiguity surrounding our understanding of what crony capitalism is, what it is not, what costs crony capitalism leaves in its wake, and how we might contain it.
Persistent link: https://www.econbiz.de/10010961560
We investigate the distribution of European Union (EU) Structural Funds across EU regions. We draw from literature on the political economy of national intergovernmental grants and on the two-tiered bargaining process in the EU. Bargaining on the distribution of Structural Funds takes place on...
Persistent link: https://www.econbiz.de/10010568571