expenditure and, if the median voter's demand for public goods is sufficiently elastic, a tax reduction. In this case, some … part of the voters or the electoral system. It also bears implications for developing effective anticorruption strategies …

outcomes. We study contracts contingent upon individual votes, policy outcomes, and/or vote shares. Voters either care about … coincides with what voters care about. Vote buying becomes extremely costly, or even impossible, when there is no such …

a consumption bust followed by a recovery, policymakers may consider the timing of elections when determining the … nominal anchor for stabilization. This paper finds strong evidence that the choice of nominal anchor depends on elections …, implying the existence of political opportunism. ERBS are, on average, launched before elections while MBS are set after them. …

target geographically, and transfers, which are easier to target across social groups. Voters have an incentive to elect …

electoral support by signaling to voters a pro-consumer behavior. Political incentives and welfare constraints interact in the … election. The paper also provides empirical support for the theoretical model. Using quarterly data from 32 industrial and …

effort so that performance becomes a more accurate signal of her ability. Elections reduce the experimentation effect, and … the reduction in this effect may more than offset the positive "career-concerns" effect of elections on effort. Moreover …, when this occurs, appointment of officeholders may Pareto-dominate elections. …

The three-point VAT increase is part of a package in which unemployment payroll taxes will be reduced. Risks to the …