Regulation

    Papers & Opinions

    Electoral politics | Empirics | Financial markets | Regulation

    Is Sustainable Finance a Dangerous Placebo?

    Paper

    Posted on 18 July 2023

    By Stefano Ramelli

    A first-order concern regarding sustainable finance is that it may crowd out individual support for more effective, policy-driven approaches to address societal challenges. We test the validity of this concern...
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    Corporate finance | Empirics | Regulation

    Exposing the Revolving Door in Executive Branch Agencies

    Paper

    Posted on 6 April 2022

    By Logan Emery

    We develop the first comprehensive mapping of the revolving door phenomenon in the U.S. by examining the work experience in executive branch agencies of 1,910,150 individuals covering top corporate positions...
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    Corporate finance | Regulation | Special interest politics

    Who Pays a Visit to Brussels? The Firm Value of Cross-Border Political Access to European Commissioners

    Paper

    Posted on 23 August 2021

    By Jörg Stahl

    We present novel evidence on the value of cross-border political access. We analyze data on meetings of US multinational enterprises (MNEs) with European Commission (EC) policymakers. Meetings with Commissioners are...
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