Political Science and Political Economy Research Seminar
Exposing the revolving door in executive branch agencies
Mara Faccio (Purdue University)
Tuesday 25 May 2021 14:00 - 15:30
Due to the onging coronavirus outbreak, many of our seminars and public events this year will continue as online seminars. Please check our website listings and Twitter feed @STICERD_LSE for updates.
About this event
We develop the first comprehensive mapping of the revolving door phenomenon in the U.S. by examining the work experience in executive branch agencies of 1,910,150 individuals covering top corporate positions in 373,011 firms. We document that the phenomenon is prevalent, with one out of three public firms employing a former regulator. Former regulators tend to be hired in response to or concomitant with increased regulation, or concomitant with firms receiving fines. More cheating-prone firms obtain benefits in the form of a lower incidence of fines after hiring former regulators. We do not observe other firms obtaining benefits on average.
The Political Science and Political Economy (PSPE) research group at the LSE brings together faculty and PhD students who do quantitative and/or formal research on political institutions, political behaviour, public policy, and political economy.
The PSPE Research Seminar provides a venue for researchers (mostly from outside of the LSE) to present their work.
These seminars are held on Tuesdays in term time at 14.00-15.30, ONLINE, unless specified otherwise.
Seminar coordinator: Dr Stephane Wolton
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