The Political Economy of the US Mortgage Default Crisis
研究了选民、特殊利益和意识形态如何影响美国国会投票，发现代表更关注本党选民的抵押贷款违约，金融业捐款促进支持救市法案，而保守派代表对两者反应较弱。
We examine the effects of constituents, special interests, and ideology on congressional voting on two of the most significant pieces of legislation in US economic history. Representatives whose constituents experience a sharp increase in mortgage defaults are more likely to support the Foreclosure Prevention Act, especially in competitive districts. Interestingly, representatives are more sensitive to defaults of their own-party constituents. Special interests in the form of higher campaign contributions from the financial industry increase the likelihood of supporting the Emergency Economic Stabilization Act. However, ideologically conservative representatives are less responsive to both constituent and special interests.