Conscientious regulation and post-regulatory employment restrictions
@article{Brezis1997ConscientiousRA, title={Conscientious regulation and post-regulatory employment restrictions}, author={Elise S. Brezis and Avi Weiss}, journal={European Journal of Political Economy}, year={1997}, volume={13}, pages={517-536} }
27 Citations
Financial Sector Influence on Monetary Policy Through the Revolving Door - Is Stricter EU and US Regulation Needed?
- Economics
- 2013
The revolving door between government and the private sector has been criticized throughout history, based on the argument that it may lead to a pro-business bias in government policies. While this…
The Revolving Door, State Connections, and Inequality of Influence in the Financial Sector
- Economics
- 2017
This paper explains why the revolving door generates inequality of influence between financial firms and creates economic distortions. We show that big financial companies, especially the ones…
Financial Crisis: The Capture of Central Banks by the Financial Sector?
- Economics
- 2018
Abstract This article analyzes the question of whether central bank capture by the financial sector has increased in the aftermath of the financial crisis beginning in 2007. According to the Public…
Reprint of: Economic recession and a crisis of regulation in safety–critical industries
- Economics
- 2015
Expert Advice and Regulatory Complexity
- Economics
- 2003
Ex-regulators often enjoy lucrative periods either working for, or selling advice to, the industry they previously policed. Conventional wisdom is that such jobs are rewards for earlier favors and…
The revolving door, state connections, and inequality of influence in the financial sector
- EconomicsJournal of Institutional Economics
- 2019
Abstract This paper shows that the revolving door generates inequality of influence between financial firms and creates economic distortions. We first develop a theoretical model, introducing the…
Financial Sector Regulation and the Revolving Door in US Commercial Banks
- Political Science
- 2017
IntroductionThe “revolving door” is a practice quite widely in use in the United States, in which heads of state agencies, after completing their bureaucratic terms, are entering the very sector they…
References
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ECONOMISTS increasingly have come to view the regulatory process as a device for transferring wealth among factions in society according to their political clout, but so far it is unclear whether the…
Politicians, Interest Groups, and Regulators: A Multiple-Principals Agency Theory of Regulation, or "Let Them Be Bribed"
- EconomicsThe Journal of Law and Economics
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T HE main thrust of the self-interest theory of regulation, as proposed by Stigler and Peltzman,' is that regulations develop as the result of demands from different interest groups for governmental…
A Theory of Incentives in Procurement and Regulation
- Economics
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More then just a textbook, A Theory of Incentives in Procurement and Regulation will guide economists' research on regulation for years to come. It makes a difficult and large literature of the new…
Toward a More General Theory of Regulation
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In previous literature, George Stigler asserts a law of diminishing returns to group size in politics: Beyond some point it becomes counterproductive to dilute the per capita transfer. Since the…
Political appointees vs. career civil servants: A multiple principals theory of political bureaucracies
- Economics, Political Science
- 1994
Theory of Economic Regulation
- Economics
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The potential uses of public resources and powers to improve the economic status of economic groups (such as industries and occupations) are analyzed to provide a scheme of the demand for regulation.…