Takes Money to Make Money: The Correlation Between Personal Wealth and Campaign Contributions

Item

Title

Takes Money to Make Money: The Correlation Between Personal Wealth and Campaign Contributions

Description

The purpose of this paper is to determine whether personal wealth is correlated to the amount of campaign contributions a candidate receives other than self-funding. Senate Financial Disclosure forms from the 2016 Senate general election candidates will be utilized to determine candidate net worth. Total campaign contributions for each candidate (minus self-funding) will be determined based on Federal Election Commission records. We believe that our research will show that there is a statistically significant difference in the overall net worth of candidates and money raised; specifically, we expect to find that the higher the net worth the greater the funds raised. Since increased funding is directly linked to greater electability, we believe this could potentially be a factor in explaining why the Senate is comprised almost exclusively of those in the upper income or wealth brackets. A trend that decreases not only the diversity but the representativeness of U.S. Congressmen.
Michael Welsh
William Bendix

Contributor

Keene State College

Creator

Richard R. Rousseau

Date

2017-10-11

Identifier

http://hdl.handle.net/20.500.12088/8117

Subject

Political Science

Type

Presentation

Rights

http://rightsstatements.org/vocab/InC/1.0/

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