Arbeitspapier

Politicians' outside earnings and political competition

This paper deals with the impact of electoral competition on politicians' outside earnings. In our framework, politicians face a tradeoff between allocating their time to political effort or to an alternative use generating outside earnings. The main hypothesis is that the amount of time spent on outside work is negatively related to the degree of electoral competition. We test this hypothesis using a new dataset on outside earnings of members of the German federal assembly. Taking into account the potential endogeneity of measures of political competition that depend on past election outcomes, we find that politicians facing low competition have substantially higher outside earnings.

Sprache
Englisch

Erschienen in
Series: IZA Discussion Papers ; No. 3902

Klassifikation
Wirtschaft
Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
Public Sector Labor Markets
Thema
Political competition
outside earnings
political rents
Politiker
Nebentätigkeit
Rent Seeking
Wahlkampf
Deutschland

Ereignis
Geistige Schöpfung
(wer)
Becker, Johannes
Peichl, Andreas
Rincke, Johannes
Ereignis
Veröffentlichung
(wer)
Institute for the Study of Labor (IZA)
(wo)
Bonn
(wann)
2008

Handle
URN
urn:nbn:de:101:1-2009010799
Letzte Aktualisierung
10.03.2025, 11:45 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
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Objekttyp

  • Arbeitspapier

Beteiligte

  • Becker, Johannes
  • Peichl, Andreas
  • Rincke, Johannes
  • Institute for the Study of Labor (IZA)

Entstanden

  • 2008

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