FREE Policy Brief: Does Political Illegitimacy in Belarus Imply New Economic Risks?
Today’s political crisis in Belarus has given a rise to the phenomenon classified in political science as political illegitimacy. We argue that resolving the political crisis in a way that revives trust and legitimacy is the only ‘good’ solution.
Lev Lvovskiy|Viktar Fedaseyeu| 20.09.2017Committee assignments and the value of corporate political connections: evidence from legislators' sudden deaths
We present new causal evidence that political connections to U.S. legislators are valuable for individual firms. We also estimate that almost all of the value generated by connections to the U.S. legislators can be attributed to their influence over and above their formal committee assignments in Congress.