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Why Is There So Little Money in U.S. Politics?

Paper by Stephen Ansolabehere, John de Figueiredo and James Snyder; NBER working paper 9409, December 2002, before Citizens United.

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Dec 2002
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We then show that only one in four studies from the previous literature support the popular notion that contributions buy legislators’ votes.1

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  1. Dec 2002 Why Is There So Little Money in U.S. Politics?
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  1. Why Is There So Little Money in U.S. Politics? (NBER Working Paper 9409), National Bureau of Economic Research, Dec 2002. Scholarship & press
    We then show that only one in four studies from the previous literature support the popular notion that contributions buy legislators’ votes.
    In 1976, the Supreme Court struck down spending limits as a violation of free speech in Buckley v. Valeo (424 US 1 (1976)).
    when one controls for unobserved constituent and legislator effects, there is little relationship between money and legislator votes
    individuals, not special interests, are the main source of campaign contributions
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