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The perks of being a lawmaker: returns to office as a legislative goal

Fahey, Kevin 2018. The perks of being a lawmaker: returns to office as a legislative goal. Legislative Studies Quarterly 43 (1) , pp. 37-68. 10.1111/lsq.12181

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Abstract

Extant literature demonstrates that holding public office is financially lucrative. Yet little is known about which sitting legislators profit from office. Relying on original data of members of the Florida legislature, I estimate predictors of income growth among sitting legislators. I find that legislators whose vote share increases by 10 percentage points between elections report income growth of nearly $20,000. This finding is robust to estimation technique and model specification, indicating that electoral safety is tied to income growth. Lawmakers appointed to legislative posts with agenda‐setting power do not obtain additional income. These data demonstrate the market values of electorally dominant legislators.

Item Type: Article
Date Type: Publication
Status: Published
Schools: Law
Publisher: Wiley
ISSN: 0362-9805
Last Modified: 19 Jul 2019 13:23
URI: http://orca.cf.ac.uk/id/eprint/117254

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