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The Iceberg Theory of Campaign Contributions:Political Threats and Interest Group Behavior
Political Threats Interest Group
2015/9/21
We present a model where special interest groups condition contributions
on the receiving candidate’s support and also her opponent’s.
This allows interest groups to obtain support from contribution...
The possibility of contagion in currency crises across countries is highly topical, to say the least. Though the phenomenon is widely discussed, and is supported by solid empirical evidence1, construc...
The Political Economy of Financial Innovation:Evidence from Local Governments
Financial Innovation Political Elections Financing and Loans Innovation and Invention
2015/4/29
We examine the toxic loans sold by investment banks to local governments. Using proprietary data, we show that politicians strategically use these products to increase chances of being re-elected. Con...
The political economy under monetary union: has the euro made a difference?
integrated pan-European economy integration process political economy channel domestic political shocks
2011/8/21
Economic and monetary union (EMU) has transformed Europe and has created an integrated pan-European economy. Much research has focused on understanding this integration process and what benefits and c...