Fisman, Raymond; Harmon, Nikolaj A.; Kamenica, Emir; … - National Bureau of Economic Research (NBER) - 2012
We examine the labor supply of politicians using data on Members of the European Parliament (MEPs). We exploit the introduction of a law that equalized MEPs' salaries, which had previously differed by as much as a factor of ten. Doubling an MEP's salary increases the probability of running for...