RECONSIDERING THE MYTHS AND REALITIES OF CAMPAIGN FINANCE REFORM

Our analysis uses simulations to consider the likely impact of campaig n finance reform on electoral outcomes and electoral competitiveness. The analysis improves upon previous research by both utilizing more th an a single econometric model as a basis for the simulations and utili zing a wide range of campaign finance scenarios. Conclusions as to the likely impact campaign finance reform has on electoral competitivenes s rely on the model employed and the type of campaign finance reform c onsidered.