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Replication data for: Congressional Politics of International Financial Rescues
hdl:1902.1/10298 UNF:3:qsWyV8J1CYkRfYPGaQrvLQ==
Version: 1 – Released: Thu Feb 21 12:36:27 EST 2008
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If you use these data, please add the following citation to your scholarly references. Why cite?
Original Publication
Results found in this publication can be replicated using these data.
J. Lawrence Broz. "Congressional Politics of International Financial Rescues," American Journal of Political Science 49, 3 (July 2005): 479–496. article available here
Data Citation Details
Study Global IDhdl:1902.1/10298
AuthorsJ. Lawrence Broz (University of California, San Diego)
Production Date2005
DistributorJ. Lawrence Broz
Distributor Contactjlbroz@ucsd.edu
Distribution Date2007
Deposit Date2007
Provenance
Abstract and Scope
Abstract

In the 1990s, the American executive organized financial rescues for Mexico and several Asian economies. 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. Overall, the findings suggest that the distributional effects of rescues find expression in Congress and constrain U.S. international financial policymaking.

Time Period Covered1990 - 2000
Data Availability
Number of Files 7
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"Replication data for: Congressional Politics of International Financial Rescues", hdl:1902.1/10298