Keane, Michael P.; Merlo, Antonio - In: American Economic Journal: Microeconomics 2 (2010) 3, pp. 186-215
We assess the impact of a variety of policies that may influence the career decisions of members of the US Congress. These policies alter incentives to run for re-election, run for higher office or leave Congress, by altering wages, non-pecuniary rewards and career prospects (both in and out of...