Campaign Finance: A Review and an Assessment of the State of the Literature

Forthcoming, Oxford Handbook of Public Choice

GMU Working Paper in Economics No. 17-15

29 Pages Posted: 22 Apr 2017 Last revised: 10 May 2017

See all articles by Thomas Stratmann

Thomas Stratmann

George Mason University - Buchanan Center Political Economy; George Mason University - Mercatus Center; CESifo (Center for Economic Studies and Ifo Institute)

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Date Written: May 9, 2017

Abstract

The role of money in politics has long been a contentious issue. This chapter provides an overview of both theoretical and empirical studies and the scholarly literature that has emerged on this topic over the last 40 years. First, this chapter describes the history of US campaign finance laws. Then, this overview documents what we have learned from the several literatures that have emerged on campaign expenditures, campaign contributions, and campaign finance regulations. This chapter also suggests shortcomings in the current literature and points to potential avenues for future research.

Keywords: Campaign Finance, PAC contributions

JEL Classification: D72

Suggested Citation

Stratmann, Thomas, Campaign Finance: A Review and an Assessment of the State of the Literature (May 9, 2017). Forthcoming, Oxford Handbook of Public Choice , GMU Working Paper in Economics No. 17-15, Available at SSRN: https://ssrn.com/abstract=2956460

Thomas Stratmann (Contact Author)

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CESifo (Center for Economic Studies and Ifo Institute)

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