A theory of the allocation of political time
Emanuele Canegrati
MPRA Paper from University Library of Munich, Germany
Abstract:
In this paper I will introduce a microfounded model of political ac- tivities. The aim is twofold: �rst of all, �lling an existing gap with the actual literature which still lacks of a theoretical explanation about how voters choose their leisure acitivities in particular those related with Politics; secondly, explaining why the old may have an interest to spend a greater amount of their leisure in political activities than the young. Empirical evidence taken by the British Election Suvery, con- �rm the hipothesis: political acitivism is related to age (although other individual characteristics, such as gender and education contribute to increase the explanatory power of regressions) and the old follow di¤er- ent activities in order to lobby politicians. Finally the paper represents an empirical proof for the Single Mindedness Theory of Social Secu- rity Systems, which states that since the old have a natural preference for leisure, they have to �nd a �nancial coverage for the reduction in labour income due to their decision to early retire or to reduce their labour supply.
JEL-codes: D0 D72 J2 (search for similar items in EconPapers)
Date: 2007-02-02
New Economics Papers: this item is included in nep-cdm
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Citations: View citations in EconPapers (1)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:1647
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