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Why could political incentives be different during election times?

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  • Leonardo Martinez

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.

Suggested Citation

  • Leonardo Martinez, 2009. "Why could political incentives be different during election times?," Economic Quarterly, Federal Reserve Bank of Richmond, vol. 95(Sum), pages 315-334.
    • Handle: RePEc:fip:fedreq:y:2009:i:sum:p:315-334:n:v.95no.3
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    References listed on IDEAS

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