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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w16437 |
来源ID | Working Paper 16437 |
Friends in High Places | |
Lauren Cohen; Christopher Malloy | |
发表日期 | 2010-10-06 |
出版年 | 2010 |
语种 | 英语 |
摘要 | We demonstrate that personal connections amongst politicians have a significant impact on the voting behavior of U.S. politicians. Networks based on alumni connections between politicians, as well as common seat locations on the chamber floor, are consistent predictors of voting behavior. For the former, we estimate sharp measures that control for common characteristics of the network, as well as heterogeneous impacts of a common network characteristic across votes. For common seat locations, we identify a set of plausibly exogenously assigned seats (Freshman Senators), and find a strong impact of seat location networks on voting. We find that the effect of alumni networks is close to 60% of the size of the effect of state-level considerations. The network effects we identify are stronger for more tightly linked networks, and at times when votes are most valuable. |
主题 | Microeconomics ; Economics of Information ; Financial Economics ; Financial Markets ; Corporate Finance ; Other ; Economic Systems |
URL | https://www.nber.org/papers/w16437 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/574112 |
推荐引用方式 GB/T 7714 | Lauren Cohen,Christopher Malloy. Friends in High Places. 2010. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w16437.pdf(902KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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