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Data · dataset · 2008

Replication data for: Congressional Politics of International Financial Rescues

Listed in Harvard Dataverse

In the 1990s, the American executive organized financial rescues for Mexico and several Asian economies.

Description

These rescues were controversial in Congress, where members voted repeatedly to reduce or eliminate the executive’s freedom to engage in them. I analyze these roll calls with an eye toward explaining who opposes and who supports international financial rescues.

I argue that the interests of private actors (district constituencies and interest groups) have an important effect on member voting. Following Stolper-Samuelson reasoning, I find that a member is significantly more likely to favor (oppose) rescues as the proportion of high-skilled (low-skilled) workers in a district increases. In addition, I find that campaign contributions from international banks increase the probability that a member will vote in favor of rescues.

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Overall, the findings suggest that the distributional effects of rescues find expression in Congress and constrain U.S. international financial policymaking.

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Where it is published

Catalogue records · 1
Provenance · 1 source records, 6 field assertions
SourceKeyLast seenRaw
Harvard Dataversedoi:10.7910/DVN/G91T3513 d agoJSON v1
FieldAssertionExtractorEvidence
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publication_datesource · Harvard Dataverseconnector:dataverse@1.0.0
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updated_datesource · Harvard Dataverseconnector:dataverse@1.0.0
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