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dc.creatorGonzález, Felipe 
dc.creatorPrem, Mounu 
dc.date.accessioned2018-02-09T16:48:16Z
dc.date.available2018-02-09T16:48:16Z
dc.date.created2018-01-20
dc.date.issued2018
dc.identifier.urihttp://repository.urosario.edu.co/handle/10336/14297
dc.description.abstractWhat is the value of political capital for individuals? Towards the end of the Pinochet dictatorship in Chile, military and civilian collaborators entered the business elite, controlling the largest and most important firms in the country. Using a novel panel dataset of board members in these firms, we document a work premium for those who had previously collaborated with Pinochet. After democratization, however, collaborators were removed from boards and their compensation premium disappeared, suggesting that the value of their networks depreciated. To shed light on these findings, we study military personnel before, during, and after Pinochet and find evidence of a wage premium only during the dictatorship. We interpret these results as Pinochet favoring his collaborators while he was in power.
dc.format.extent38
dc.format.mimetypeapplication/pdf
dc.language.isoeng
dc.relation.urihttps://ideas.repec.org/p/col/000092/015980.html
dc.subjectCapital político
dc.subjectColaboradores
dc.subjectDictadura
dc.subjectFuerzas Armadas
dc.subject.lembDemocratización
dc.subject.lembDictadura militar
dc.subject.lembCapital político
dc.subject.lembFuerzas armadas
dc.subject.lembEmpresarios industriales
dc.titleThe Value of Political Capital : Dictatorship Collaborators as Business Elites
dc.typeworkingPaper
dc.subject.keywordPolitical capital
dc.subject.keywordCollaborators
dc.subject.keywordDictatorship
dc.subject.keywordArmed forces
dc.rights.accesRightsinfo:eu-repo/semantics/openAccess
dc.type.spaDocumento de trabajo
dc.rights.accesoAbierto (Texto Completo)
dc.type.hasVersioninfo:eu-repo/semantics/publishedVersion
dc.subject.jelD72, J45, N36, O17
dc.contributor.gruplacFacultad de Economía
dc.creator.googleGonzález, Felipe
dc.creator.googlePrem, Mounu
dc.relation.citationTitleSerie Documentos de trabajo. Economía


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