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Essay

Campaign Contributions

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Issue:

Miscellaneous

 

Written by:

Andrew P

 

Date added:

January 1, 2016

 

Level:

University

 

Grade:

B

 

No of pages / words:

1 / 229

 

Was viewed:

3589 times

 

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Essay content:

We assume that real ideological differences separate the political parties and focus on the aggregate receipts of competitive candidates running under each party label, that is, we compare the receipts of all Republicans to those of all Democrats (and to those of minor-party candidates, if any). The paper models partisan receipts as endogenous using unrestricted vector autoregressions (VARs)...
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We examine how contributions affect interparty (e.g. Democrat to Republican) contributions and find that aggregate party candidate receipts do, indeed, contain information that contributors use to make decisions about how to allocate their funds. The use to which contributors put this information appears to vary by electoral context...
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General issues of this essay:
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