We study the provision of dynamic incentives to self-interested politicians in an environment in which politicians cannot commit to policies and have private information about the size of government resources. In this environment, citizens discipline politicians by threatening to remove them...

TBD

How should society allocate health-care resources across individuals? In what ways is the current allocation of health-care inefficient? In this paper we study a model in which health status affects probability of survival and individuals are heterogeneous with respect to their labor...