In this paper we investigate the effect of family connections to politicians on individuals' labor market outcomes. We combine data for Italy over almost three decades from longitudinal social security records on a random sample of around 1 million private sector employees with the universe of...

In this paper we investigate the effect of family connections to politicians on individuals' labor market outcomes. We combine data for Italy over almost three decades from longitudinal social security records on a random sample of around 1 million private sector employees with the universe of...

Models of political competition portray political candidates as seeking the support of the median voter to win elections by majority voting. In practice, political candidates seek supermajorities rather than majorities based on support of the median voter. We study the political benefits from...

We analyse whether there is a relationship between EU Commissioners’ national origin and political outcomes. For this purpose, we argue that examining the Commissioner for Agriculture allows the most precise empirical identification: there is a specific budget for agriculture which accounts...

Introduction : state capture, political risk and international business / Johannes Leitner and Hannes Meissner -- Corruption, favouritism and institutional ambiguity as political risks : insights from the concept of neopatrimonialism / Hannes Meissner -- Political risk and international business...

"Since the onset of the global economic crisis, activists, policy makers, and social scientists have been searching for alternative paradigms through which to re-imagine contemporary modes of thinking and writing about economic orders. These attempts have led to their re-engagement with...

Conventional wisdom has it that proportional representation leads to more coalition governments and so to greater government spending, especially in redistributive categories favoured by special-interest groups. In contrast, we show in a theoretical model that first-past-the-post systems of...

Am Beispiel von Strukturen, Prozessen und Inhalten der Interessenvermittlung zur Etablierung eines Sektors zum Offshoring von Dienstleistungen in der Stadt Fes wird lokale Wirtschaftspolitik in Marokko in einer detaillierten empirischen Studie analysiert. Dabei wird die Relevanz von...

The origin of crony capitalism: how institutional changes incentivize corruption -- The soil of crony capitalism: where corruption thrives -- Public office for sale: an illicit market for political power -- Cronyism in action: collusion between officials and businessmen -- Stealing from the...

Introduction, inequality and oligarchy / Pasuk Phongpaichit and Chris Baker -- Concentration of land and other wealth in Thailand / Duangmanee Laovakul -- Inequality in education and wages / Dilaka Lathapipat -- Inequality, the capital market and political stocks / Sarinee Achavanuntakul,...