canegrati, emanuele (2007): A theory of the allocation of political time.
Download (168Kb) | Preview
In this paper I will introduce a microfounded model of political ac- tivities. The aim is twofold: �rst of all, �lling an existing gap with the actual literature which still lacks of a theoretical explanation about how voters choose their leisure acitivities in particular those related with Politics; secondly, explaining why the old may have an interest to spend a greater amount of their leisure in political activities than the young. Empirical evidence taken by the British Election Suvery, con- �rm the hipothesis: political acitivism is related to age (although other individual characteristics, such as gender and education contribute to increase the explanatory power of regressions) and the old follow di¤er- ent activities in order to lobby politicians. Finally the paper represents an empirical proof for the Single Mindedness Theory of Social Secu- rity Systems, which states that since the old have a natural preference for leisure, they have to �nd a �nancial coverage for the reduction in labour income due to their decision to early retire or to reduce their labour supply.
|Item Type:||MPRA Paper|
|Institution:||catholic university of sacred heart|
|Original Title:||A theory of the allocation of political time|
|Subjects:||J - Labor and Demographic Economics > J2 - Demand and Supply of Labor
D - Microeconomics > D7 - Analysis of Collective Decision-Making > D72 - Political Processes: Rent-Seeking, Lobbying, Elections, Legislatures, and Voting Behavior
D - Microeconomics > D0 - General
|Depositing User:||Emanuele Canegrati|
|Date Deposited:||03. Feb 2007|
|Last Modified:||18. Feb 2013 09:54|
 Alvarez, M.: Information and Elections; The University of Michigan Press  (1965) Becker, G.: A Theory of the Allocation of Time, The Economic Journal, Vol. 75, No. 299. , pp. 493-517.  (2006) Canegrati, E.: The Single Mindedness Theory: Microfoundation and Application to Social Security Systems, mimeo  Glasgow, G.: Impact of Issues on Vote Choice California Institute of Technology, mimeo  (2006) Goerres, A.: Political Protest at Old AGe. Quantitative and Qual- itative Evidence for Britain, London School of Economics, mimeo  (1995) Mas-Colell, A., M Whinston, and J. Green , Microeconomic The- ory, Oxford University Press