In theory, federal transfers that make household location decisions efficient should ignore local cost differences …

puzzle in standard economic models. To study this phenomenon, we propose a positive theory of IEAs in which the political … (might not be implemented in full). The theory also provides a new perspective for understanding investments in green …

of mostly classical with some behavioral economics …

politicians, both with theory and data. The theory is based on a version of the career concerns model of political agency with … implications of the theory and identify the causal effect of larger federal transfers on political corruption and the observed … features of political candidates at the municipal level. In accordance with the predictions of the theory, we find that larger …

Long before economics turned to psychology, environmentalists were nudging and framing and pushing their cause like … discussing the interplay between environmental preference-making and economics, I turn to three areas where strong, simple views …