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AN ANALYSIS OF THE IMPACT OF CONGRESSIONAL TERM LIMITS
Author(s) -
Reed W. Robert,
Schansberg D. Eric
Publication year - 1994
Publication title -
economic inquiry
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.823
H-Index - 72
eISSN - 1465-7295
pISSN - 0095-2583
DOI - 10.1111/j.1465-7295.1994.tb01313.x
Subject(s) - term (time) , limit (mathematics) , economics , value (mathematics) , democracy , econometrics , political science , statistics , law , politics , mathematics , physics , mathematical analysis , quantum mechanics
We examine the impact of a six‐term tenure limit on members of the U.S. House of Representatives. The first part of this study develops a methodological framework for simulating the quantitative impact of term limits. The second part of this study uses this framework to estimate the effects of term limits on (i) the value of holding office, (ii) turnover, and (iii) the size of the Democratic majority in the House. Both steady‐state and transition period effects are explored.