Revolving doors

نویسندگان

چکیده

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منابع مشابه

Revolving doors and the optimal tolerance for agency collusion

In this article, I study how the presence of a revolving door and potential collusion between a regulator and a regulated firm affect the regulator's performance incentives. Contrary to the conventional wisdom, these seemingly undesirable features of the regulatory system may serve the interests of the government because (i) the regulator's efforts to enhance her industry qualifications may hav...

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Revolving doors: imprisonment among the homeless and marginally housed population.

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The Job Rating Game: The Effects of Revolving Doors on Analyst Incentives

Investment banks frequently hire analysts from rating agencies. A widely held view is that this “revolving door” undermines analysts’ incentives to issue accurate ratings. Using a hand-collected dataset of the performance and career paths of 245 credit analysts between 2000 and 2009, I show that the ratings by analysts who move to investment banks are on average more accurate than those by thei...

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ژورنال

عنوان ژورنال: Psychiatric Bulletin

سال: 1992

ISSN: 0955-6036,1472-1473

DOI: 10.1192/pb.16.8.506