BIGFI/Finance Seminar with Ran Duchin, Carroll School of Management & Boston College

On Friday, May 17, 2024, Ran Duchin, Carroll School of Management & Boston College, will be giving a seminar on the paper: Between Boardrooms and the Beltway: The Career Paths of Senior Regulators

Friday, May 17, 2024 - 11:00 to 12:15

The Department of Finance and BIGFI are proud to announce the upcoming seminar with Ran Duchin, Carroll School of Management & Boston College

Ran Duchin will present: Between Boardrooms and the Beltway: The Career Paths of Senior Regulators

Abstract:
We compile a comprehensive database of senior federal regulators and trace their full career paths since college graduation across the private and public sectors. We find that revolving-door moves across the private and public sectors are ubiquitous, persistent, correlated with economic and election cycles, and typically occur several times over the course of one’s career. Revolving-door regulators exhibit more regulatory (but not deregulatory) activity, stricter enforcement, and higher regulation complexity. Further, they work for stronger firms, come from relatively poorer backgrounds, and accumulate more wealth throughout their careers. Overall, we quantify regulators’ incentives to build financial, bureaucratic, and human capital.

Location:
Solbjerg Plads 3
2000 Frederiksberg
Room: SPs03

The page was last edited by: Department of Finance // 04/29/2024