How do incentives shape political behavior? I show that local political leaders are incentivized to implement policies to varying degrees over time based on what they perceive to maximize the career payoffs for their efforts. Studying the critical case of air pollution control policies in China,...

The 2020 global pandemic abruptly brought into question many of our social, economic and political institutions. COVID-19 is more than a public health crisis—as economies and states falter there are deep questions about the resilience and robustness of our political and economic systems. Are...

Well-developed cash management aims to improve government operational efficiency and facilitates better service delivery by ensuring liquidity to meet payment obligations as they fall due. Liquidity, however, comes at a cost. Governments can reduce the cost of maintaining liquidity by...