Revolving Door
Should We Pay Regulators According to Their Performance?
Should we pay regulators according to their performance? In a new paper, Jason Chen, Jakub Hajda, and Joseph Kalmenovitz show that a pay-for-performance system has a surprising effect: it increases regulatory effort but also motivates regulators, especially the productive ones, to quit and join the private sector.
Closing the Revolving Door Comes With Trade-offs
How prolific is the revolving door issue at the federal level? In a new paper, Joseph Kalmenovitz, Siddharth Vij, and Kairong Xiao analyze the prevalence of revolving door behavior in the United States government and discuss the impacts of limiting private sector job prospects for regulators.
Should We Regulate the Revolving Door of Regulators?
Is the revolving door of top regulators one of the reasons for a lack of good regulation? Based on her recent research, Elise Brezis...
How Interest Groups Utilize Reverse Revolving Doors to Influence Legislative Voting
A new study finds that legislators who worked for interest groups before taking office influence the voting behavior of their colleagues when the motion...
Systemic Corruption in America Spans Political Parties
In an interview with ProMarket, Sarah Chayes, author of the book On Corruption in America, discussed corruption in the US and how incoming administration...
The Non-Revolving Door Between the SEC and the Plaintiffs’ Bar
Nowhere does the “revolving door” spin more quickly than at the Securities and Exchange Commission. But, even at the SEC, not all doors spin...
How Do Members of Congress React to the Potential of Lucrative Private Sector Employment?
Many fear that the potential for well-paid post-elective jobs can make legislators give rewards to their future employers. A new study finds that career...
SEC and Revolving Doors: Q&A with Eric Ben-Artzi, the Deutsche Bank Whistleblower Who Rejected a Multimillion Dollar Award
ProMarket interviews Eric Ben-Artzi, the former Deutsche Bank risk officer turned whistleblower who rejected an $8.25 million award from the SEC.
In May 2015, Deutsche Bank...
