This paper develops a model where a benevolent constitutional planner has the ability to restrict the allocation space of citizens who are heterogeneous in productivity prior to the stochastic determination of a government responsible for structuring the tax system. It finds that limits on...

Can variations in immunization rates be accounted for by differences in information and commitment technologies? I document four salient facts regarding DPT vaccination rates: (i) lower immunization in countries with greater costs of contract enforcement, (ii) higher volatility in immunization...

What were the distributional consequences of the recent demonetization in India? Can the implementation of demonetization be improved to mitigate its distributional impact? This paper answers these questions using a dynamic contracting model featuring costly state verification and...