on enrollees' characteristics. We model how risk adjustment affects selection and differential payments---the government …'s payments to a firm for covering an individual minus the counterfactual cost had the government directly covered her. We show … thus risk adjustment can raise the total cost to the government of providing the public service. We confirm both selection …

, indicating that most government insiders quickly wear out their welcome, and then drop once the minister is fully entrenched in …

What political legacy can we expect from the Coronavirus pandemic? Drawing evidence from past epidemics, we find that … to the COVID-19 outbreak. These results imply that the Coronavirus may leave behind a long-lasting political scar on the …

America's local governments spend about one-eighth of our national income, one-fourth of total government spending, and … finances. A primary difference between local and national government is the ease of labor mobility within countries, which … attempts at redistribution. The empirical literature on mobility responses to local government is distinguished, but remains a …

an important role for economic efficiency concerns, as well as politics, in contracting for government services …