Fisman, Raymond; Schulz, Florian; Vig, Vikrant - In: Journal of Political Economy 122 (2014) 4, pp. 806-806
We study the wealth accumulation of Indian state politicians using public disclosures required of all candidates. The annual asset growth of winners is 3–5 percent higher than that of runners-up, a difference that holds also in a set of close elections. The relative asset growth of winners is...