We study the interplay between a “one person-one vote” political system and “one share-one vote” corporate governance regime. The political system sets Pigouvian subsidies, while...

This year’s edition of the CEPR Conference Series on the Political Economy of Finance took place in the beautiful Wereldmuseum in Rotterdam. This edition gathered...

This paper introduces a voting model into a setting with negative borrowing externalities to study voter preferences for prudential regulation. Voters internalize the general equilibrium...