Returns to Office in National and Local Politics

Kaisa Kotakorpi, Panu Poutvaara and Marko Terviö

No 4542, CESifo Working Paper Series from CESifo

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.

Keywords: returns to office; elections; regression discontinuity (search for similar items in EconPapers)
JEL-codes: D72 (search for similar items in EconPapers)
Date: 2013
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (15)

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Related works:
Working Paper: Returns to Office in National and Local Politics (2016)
Working Paper: Returns to Office in National and Local Politics (2014)
Working Paper: Returns to office in national and local politics (2013)
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Persistent link: https://EconPapers.repec.org/RePEc:ces:ceswps:_4542

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