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date: 20 September 2020

Abstract and Keywords

The role of money in politics has long been a contentious issue. Over the last decade the amount of money given in contributions to political campaigns has grown substantially. This chapter provides an overview of both theoretical and empirical studies and the scholarly literature that has emerged on this topic over the last forty years. Further, the chapter describes the history of US campaign finance laws. Then, it documents what has been 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 contributions, campaign expenditures, campaign finance, congressional voting, money in politics, elections, contribution limits, referenda

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