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来源类型Working Paper
规范类型报告
DOI10.3386/w17634
来源IDWorking Paper 17634
The Control of Politicians in Normal Times and Times of Crisis: Wealth Accumulation by U.S. Congressmen, 1850-1880
Pablo Querubin; James M. Snyder, Jr.
发表日期2011-12-01
出版年2011
语种英语
摘要We employ a regression discontinuity design based on close elections to estimate the rents from a seat in the U.S. congress between 1850-1880. Using census data, we compare wealth accumulation among those who won or lost their first race by a small margin. We find evidence of significant returns for the first half of the 1860s, during the Civil War, but not for other periods. We hypothesize that increased opportunities from the sudden spike in government spending during the war and the decrease in control by the media and other monitors might have made it easier for incumbent congressmen to collect rents.
主题Microeconomics ; Welfare and Collective Choice
URLhttps://www.nber.org/papers/w17634
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/575309
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Pablo Querubin,James M. Snyder, Jr.. The Control of Politicians in Normal Times and Times of Crisis: Wealth Accumulation by U.S. Congressmen, 1850-1880. 2011.
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