Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/145137
Authors: 
Kotakorpi, Kaisa
Poutvaara, Panu
Terviö, Marko
Year of Publication: 
2016
Series/Report no.: 
IZA Discussion Papers 10003
Abstract: 
We estimate the effect of getting elected on future income development of political candidates. We present a bootstrap approach for measuring electoral closeness, which can be used to implement a regression discontinuity design in any electoral system. We apply the method to the Finnish proportional open list system. Being elected to parliament increases annual earnings initially by €20,000, and getting elected to a municipal council by €1,000. The returns to office for parliamentarians accrue mainly through higher wages during the time in office. Our results imply that the returns to office may be large even in the absence of corruption.
Subjects: 
returns to office
elections
regression discontinuity
JEL: 
D72
J45
Document Type: 
Working Paper

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