Showing posts with label Andrew Gelman. Show all posts
Showing posts with label Andrew Gelman. Show all posts

Tuesday, December 16, 2008

Lobbying and Bailout Size



This graph is floating around a bit after Lee Drutman submitted some interesting analysis to The Monkey Cage. I think Andrew Gelman makes a good point that we're looking at some serious selection bias here, and it would be nice to see more zero bailout points to get a better idea of overall lobbying expenditures. Also, as one of the commenters points out, without AIG, there is arguably not much of a relationship there. Pretty graph, but I wouldn't worry about it too much. The AIG lobbying-bailout outlier simply as a relationship between size of bailout and size of assets (Y-axis only) is particularly interesting though.