Parliamentary Positions and Politicians’ Private Sector Earnings : Evidence from the UK House of Commons

Weschle, Simon

Parliamentary Positions and Politicians’ Private Sector Earnings : Evidence from the UK House of Commons

Dateien

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Datum

2021

Autor:innen

Weschle, Simon

DOI (zitierfähiger Link)

https://doi.org/10.1086/710087

Sammlungen

Politik- und Verwaltungswissenschaft

Publikationstyp

Zeitschriftenartikel

Publikationsstatus

Published

Erschienen in

The Journal of Politics. University of Chicago Press. 2021, 83(2), pp. 706-721. ISSN 0022-3816. eISSN 1468-2508. Available under: doi: 10.1086/710087

Zusammenfassung

Most democracies allow their members of parliament to concurrently be employed in the private sector. A widespread worry is that politicians leverage their current or past posts within parliament, for example, as ministers or committee chairs, to gain lucrative jobs. However, we know little about whether “moonlighting” income is indeed driven by these positions. I analyze comprehensive new panel data on the private sector earnings of all members of the UK House of Commons during 2010–16. Focusing on within-legislator variation, I find that currently holding an influential position does not cause an increase in income from outside jobs. Politicians do see higher earnings soon after leaving their parliamentary posts, but this effect is concentrated among cabinet ministers. The article advances the literature by identifying which political posts lead to financial benefits in the private sector—and when.

Fachgebiet (DDC)

320 Politik

Zitieren

ISO 690

WESCHLE, Simon, 2021. Parliamentary Positions and Politicians’ Private Sector Earnings : Evidence from the UK House of Commons. In: The Journal of Politics. University of Chicago Press. 2021, 83(2), pp. 706-721. ISSN 0022-3816. eISSN 1468-2508. Available under: doi: 10.1086/710087

BibTex

@article{Weschle2021Parli-54604,
  year={2021},
  doi={10.1086/710087},
  title={Parliamentary Positions and Politicians’ Private Sector Earnings : Evidence from the UK House of Commons},
  number={2},
  volume={83},
  issn={0022-3816},
  journal={The Journal of Politics},
  pages={706--721},
  author={Weschle, Simon}
}

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