, this paper analyzes the politicians' wage gap (PWG). After controlling for observable characteristics as well as accounting …-60% compared to citizens with an executive position. Hence, we show that the widely held claim that politicians would earn more in …

This paper deals with the impact of electoral competition on politicians' outside earnings. In our framework …, politicians face a tradeoff between allocating their time to political effort or to an alternative use generating outside earnings … that politicians facing low competition have substantially higher outside earnings. …

, this paper analyzes the politicians’ wage gap (PWG). After controlling for observable characteristics as well as accounting …-60% compared to citizens with an executive position. Hence, we show that the widely held claim that politicians would earn more in …

Collective bargaining in Germany takes place either at the industry level or at the firm level; collective bargaining …

empirical evidence shows that bad but dedicated politicians come along with good but not fully committed politicians. There is …

The wage paid to politicians affects both the choice of citizens to run for an elective office and the performance of … sector, an increase in politicians' pay may change their mind. Second, if the reelection prospects of incumbents depend on … performance. Our results show that a higher wage attracts more educated candidates, and that better paid politicians size down the …

In this paper, we estimate the effect of pay for politicians on who wants to be a politician. We take advantage of a …