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.
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1647.
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Find related papers by JEL classification: J2 - Labor and Demographic Economics - - Demand and Supply of Labor D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Models of Political Processes: Rent-seeking, Elections, Legislatures, and Voting Behavior D0 - Microeconomics - - General
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