The ideological congruence between the median citizen and the government is shaped by various institutional features, especially the party system. The polarization of the party system has large and robust effects on ideological (in)congruence across a variety of political systems. As captured by...

Is politics a lucrative business? The question is approached in this paper, as one of few to quantify the monetary returns to holding political office in a typical developed democracy where parties are the main political actors. By applying a difference-in-difference setting with a carefully...