Employing Legislators – Using stock market reactions to investigate whether legislators reward future employers

• In Event: Lobbyists and Lobbying I

Brief Overview

We conduct event studies on the stock market to investigate whether US Members of Congress (MCs) reward their future employers through legislation. We also show that MCs signal competence in their final Congress.

Authors

• Benjamin Egerod, Department of Political Science, University of Copenhagen

• David Dreyer Lassen, University of Copenhagen