Lobbying

    Papers & Opinions

    Empirics | Political institutions | Special interest politics

    Foreign Influence in US Politics

    Paper

    Posted on 4 April 2022

    By Max Miller

    We provide the first large-sample evidence of foreign influence in US politics, showing that meetings between foreign countries and legislators affect government resource allocation directly for countries and indirectly for...
    READ MORE

    Banking | Empirics | Special interest politics

    Winning Connections? Special Interests and the Sale of Failed Banks

    Paper

    Posted on 16 March 2022

    By Deniz Igan

    We study how banks’ special interests affect the resolution of failed banks. Using a sample of FDIC auctions between 2007 and 2016, we find that bidding banks that lobby regulators...
    READ MORE

    Banking | Empirics | Special interest politics

    The Politics of the Paycheck Protection Program

    Paper

    Posted on 8 December 2021

    By Thomas Lambert

    This paper examines the incidence of special interests in the allocation of loans through the Paycheck Protection Program (PPP). We find that lobbying at the firm and industry levels helps...
    READ MORE

    Banking | Special interest politics | Theory

    Bank Influence at a Discount

    Paper

    Posted on 8 November 2021

    By Stylianos Papageorgiou

    In a general equilibrium framework, we study the cost incurred by banks to ''buy" influence on capital regulation via campaign contributions. Our central result is that banks buy influence at...
    READ MORE