Arbeitspapier

Returns to Office in National and Local Politics

We estimate the effect of getting elected on future income development of political candidates. We present a bootstrap approach for measuring electoral closeness, which can be used to implement a regression discontinuity design in any electoral system. We apply the method to the Finnish proportional open list system. Being elected to parliament increases annual earnings initially by €20,000, and getting elected to a municipal council by €1,000. The returns to office for parliamentarians accrue mainly through higher wages during the time in office. Our results imply that the returns to office may be large even in the absence of corruption.

Sprache
Englisch

Erschienen in
Series: IZA Discussion Papers ; No. 10003

Klassifikation
Wirtschaft
Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
Public Sector Labor Markets
Thema
returns to office
elections
regression discontinuity

Ereignis
Geistige Schöpfung
(wer)
Kotakorpi, Kaisa
Poutvaara, Panu
Terviö, Marko
Ereignis
Veröffentlichung
(wer)
Institute for the Study of Labor (IZA)
(wo)
Bonn
(wann)
2016

Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Kotakorpi, Kaisa
  • Poutvaara, Panu
  • Terviö, Marko
  • Institute for the Study of Labor (IZA)

Entstanden

  • 2016

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