Abstract
We study the returns to political office using data from Finnish parliamentary elections in 1970-2007 and municipal elections in 1996-2008. The discontinuity of electoral outcomes in individual candidate votes allows us to estimate the causal effect of being elected on subsequent income. Getting elected to parliament increases annual earnings initially by about �20,000, but most of this effect fades out over time. Getting elected to a municipal council has a positive effect of about �1,000 on subsequent annual earnings.
| Dokumententyp: | Paper |
|---|---|
| Fakultät: | Volkswirtschaft
Volkswirtschaft > Lehrstühle > CESifo-Professur für Vergleichende Institutionenökonomik |
| Themengebiete: | 300 Sozialwissenschaften > 330 Wirtschaft |
| Sprache: | Englisch |
| Dokumenten ID: | 19488 |
| Datum der Veröffentlichung auf Open Access LMU: | 15. Apr. 2014 08:51 |
| Letzte Änderungen: | 29. Apr. 2016 09:16 |
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