Members of parliament (MPs) often decide on their own salaries. Voters dislike self-serving politicians, and … politicians are keen to gratify their voters. In line with the political business cycle theories, politicians thus may well delay … increased by one percent. Politicians can increase their salaries at any point of time in the legislative period: understanding …

investigated by scholars, empirical findings are mixed at best. This is partly because of the non-random nature of election timing …

before elections to increase their chances of eelection. Most tests of this theory look for evidence of pre-election …The literature on the rational PBC suggests that politicians systematically manipulate economic and fiscal conditions … opportunistic distortion and the margin of victory. The test is implemented using a large panel of Portuguese municipalities. The …