Resource title

Politicians' outside earnings and electoral competition

Resource image

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Resource description

This paper deals with the impact of electoral competition on politicians┬┤ outside earnings. We propose a simple theoretical model with politicians facing a tradeoff between allocating their time to political effort or to an alternative use generating outside earnings. The model has a testable implication stating that the amount of time spent on outside work is negatively related to the degree of electoral competition. We test this implication 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.

Resource author

Johannes Becker, Andreas Peichl, Johannes Rincke

Resource publisher

Resource publish date

Resource language

eng

Resource content type

text/html

Resource resource URL

http://hdl.handle.net/10419/23274

Resource license

Adapt according to the presented license agreement and reference the original author.