2017

Dynastic Political Rents? Economic Benefits to Relatives of Top Politicians

Reprint No. 2017:57

Author(s): Olle Folke, Torsten Persson and Johanna RickneYear: 2017 Title: Economic Journal Volume (No.): 127 (605) Pages: 495–517
Online article (restrictions may apply)


We exploit close elections in Swedish municipalities to test whether relatives of politicians who become mayors obtain economic benefits. We find no benefits for the siblings of new mayors, but the average earnings of children of newly appointed mayors rise by about 15%. Administrative information on occupational and residence status show that the higher earnings are unlikely reflect an illegitimate allocation of jobs. But the evidence suggests that children of election-winning mayors are more likely to postpone tertiary education and remain in their parents' municipality to work.


Reference:
Folke, Olle, Torsten Persson and Johanna Rickne (2017), "Dynastic Political Rents? Economic Benefits to Relatives of Top Politicians". Economic Journal 127(605), 495–517.

Elgar Companion to

Social Capital and Health

Martin Ljunge okt 2018.jpg

Martin Ljunge, IFN, is the author of a chapter, "Trust promotes health: addressing reverse causality by studying children of immigrants", in a new book edited by Sherman Folland and Eric Nauenberg. The cutting edge of research is presented, covering the ever-expanding social capital field.

About the book

Events

Seminars organized by IFN

 

To present ongoing research informal brown-bag seminars are held on Mondays at 11:30 am. This is an opportunity for IFN researchers to test ideas and results.

Academically oriented seminars are most of the time held on Wednesdays at 10 am. At these events researchers from IFN and other institutions present their research.

In addition, IFN organizes seminars open to the public. Topics for these are derived from the IFN research.

Research Institute of Industrial Economics, Grevgatan 34 - 2 fl, Box 55665, SE-102 15 Stockholm, Sweden | Phone: +46-(0)8-665 45 00 | info@ifn.se