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.
| Item Type: | Paper |
|---|---|
| Faculties: | Economics Economics > Chairs > CESifo-Professorship for International Institutional Comparisons |
| Subjects: | 300 Social sciences > 330 Economics |
| Language: | English |
| Item ID: | 19488 |
| Date Deposited: | 15. Apr 2014 08:51 |
| Last Modified: | 29. Apr 2016 09:16 |
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