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Candidate Quality

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  • Poutvaara, Panu

    ()
    (University of Munich)

  • Takalo, Tuomas

    ()
    (Bank of Finland)

Abstract

We analyze the topical question of how the compensation of elected politicians affects the set of citizens choosing to run. To this end, we develop a sparse and tractable citizen-candidate model of representative democracy with ability differences, informative campaigning and political parties. Our results suggest that primaries, campaign costs and rewards have previously overlooked interactions that should be studied in a unified framework. Surprisingly, increasing the reward may lower the average candidate quality when the campaigning costs are sufficiently high.

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Bibliographic Info

Paper provided by Institute for the Study of Labor (IZA) in its series IZA Discussion Papers with number 1195.

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Length: 36 pages
Date of creation: Jun 2004
Date of revision:
Publication status: published in: International Tax and Public Finance, 2007, 14 (1), 7-27
Handle: RePEc:iza:izadps:dp1195

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Related research

Keywords: politicians' competence; career concerns; campaigning costs; rewards for elected officials; citizen-candidate models;

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References

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  1. Christian Schultz, 2003. "Strategic Campaigns and Redistributive Politics," EPRU Working Paper Series 03-03, Economic Policy Research Unit (EPRU), University of Copenhagen. Department of Economics.
  2. Tim Besley & Stephen Coate, . ""An Economic Model of Representative Democracy''," CARESS Working Papres 95-02, University of Pennsylvania Center for Analytic Research and Economics in the Social Sciences.
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  7. Poutvaara, Panu, 2003. "Party platforms with endogenous party membership," Munich Reprints in Economics 19298, University of Munich, Department of Economics.
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  16. Hans Gersbach, 2009. "Competition of politicians for wages and office," Social Choice and Welfare, Springer, vol. 33(1), pages 51-71, June.
  17. Panu Poutvaara & Tuomas Takalo, 2004. "Candidate Quality," Public Economics 0406009, EconWPA.
  18. Bliss, Christopher & Nalebuff, Barry, 1984. "Dragon-slaying and ballroom dancing: The private supply of a public good," Journal of Public Economics, Elsevier, vol. 25(1-2), pages 1-12, November.
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