The Personal Wealth Interests of Politicians and Government Intervention in the Economy

被引:24
作者
Tahoun, Ahmed [1 ]
van Lent, Laurence [2 ]
机构
[1] London Business Sch, London, England
[2] Frankfurt Sch Finance & Management, Frankfurt, Germany
关键词
Financial crisis; Politicians; Personal wealth; Voting in US Congress; MATCHING ESTIMATORS; CONNECTIONS; PREFERENCES; COMPETITION; SENATOR; MEMBERS; MODEL;
D O I
10.1093/rof/rfy015
中图分类号
F8 [财政、金融];
学科分类号
0202 ;
摘要
We examine whether there is a correlation between personal wealth interests of politicians and their decisions to intervene in the economy. We use the setting of the government's support of financial institutions under the 2008 Emergency Economic Stabilization Act. We find that the personal wealth interests of politicians are positively associated with voting in favor of the EESA.
引用
收藏
页码:37 / 74
页数:38
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