OxTalks will soon move to the new Halo platform and will become 'Oxford Events.' There will be a need for an OxTalks freeze. This was previously planned for Friday 14th November – a new date will be shared as soon as it is available (full details will be available on the Staff Gateway).
In the meantime, the OxTalks site will remain active and events will continue to be published.
If staff have any questions about the Oxford Events launch, please contact halo@digital.ox.ac.uk
A growing literature finds high returns to firms with legislative connections. Less attention has been paid to returns from bureaucratic connections and to organizations beyond for-profit firms. Using data recording the first post-bureaucracy position occupied by all former civil servants in Japan, Dr. Incerti reveals a bifurcated job market for former bureaucrats. High-ranking officials from elite economic ministries are more likely to join for-profit firms, where they generate returns such as increased government loans and positive stock market reactions. Lower-ranking officials are more likely to join nonprofits linked to government ministries, which receive higher-value contracts when former bureaucrats are in leadership roles. These patterns suggest that while firms wish to hire bureaucrats who can deliver tangible benefits, ministries also shape revolving door pathways by directing benefits to ensure long-term career value for civil servants. These findings reframe revolving door dynamics as the result of both firm-driven demand and bureaucratic incentives.