Old and Young Politicians
54 Pages Posted: 15 Feb 2015 Last revised: 18 Apr 2018
Date Written: April 7, 2018
We consider the role of a politician's age in Italian municipal governments. When the term limit is not binding, younger mayors engage more often in political budget cycles than older mayors. Thus younger politicians behave more strategically in response to electoral incentives, probably because they expect to have a longer political career and stronger career concerns. We discuss and rule out several alternative interpretations.
Keywords: politicians, age, political budget cycles
JEL Classification: D78, H72, H77, J18
Suggested Citation: Suggested Citation