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