Journal Article

Why could political incentives be different during election times?


Abstract: Why could political incentives be different during election times? This article provides answers to this question using a career-concern model of political cycles. The analysis in the article is also relevant to understanding other agency relationships in which an important part of compensation is decided on infrequently.

Keywords: Business cycles;

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Bibliographic Information

Provider: Federal Reserve Bank of Richmond

Part of Series: Economic Quarterly

Publication Date: 2009

Volume: 95

Issue: Sum

Pages: 315-334