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Session Submission Type: Created Panel
This panel investigates issues around political capture and corruption, focusing attention on both developed and developing countries. Its papers cut across different world regions and economic sectors, and boast a diversity of approaches to tackling this issue, exploiting rich sources of variation across time, space, and firm behavior. Issues include crony capitalism, bailouts, anti-corruption campaigns, and the intersection between economic regulation, the bureaucracy, and firms that lobby governments for favors and forgiveness.
The Politics of Bailouts: Impact of Political Connections on US Bank Bailouts - Vuk Vukovic, University of Oxford
The Political Economy of Zombie Firms: Evidence from SME in Japan - Scott Wilbur, Ecole des Hautes Etudes en Sciences Sociales
The Political Economy of Capture and Reform: The Case of Samsung - Jong-sung You, Gachon University
Say Goodbye to the Good Old Days: Anti-Corruption, Uncertainty and Firm Behavior - Xiaonan Wang, University of Maryland, College Park; YAN WANG, London School of Economics and Political Science