Career Concerns and the Dynamics of Electoral Accountability ∗

  • Matias Iaryczower Princeton Gabriel Lopez Moctezuma Yale University Adam Meirowitz
  • Published 2017
We consider a dynamic model of an incumbent politician running for reelection to estimate the relative value of office to policy for US senators seeking reelection. In the model, senators who have idiosyncratic policy and office motivations choose strategically their policy position and TV-ads each period after observing their advantage in the polls. Their… CONTINUE READING