@article{37401,
  author = {Matias Iaryczower and Gabriel Lopez-Moctezuma and Adam Meirowitz},
  title = {Career Concerns and the Dynamics of Electoral Accountability},
  abstract = {<p>\&nbsp;</p><p>We introduce a dynamic model of position-taking and advertising,\&nbsp;in which politicians trade off policy and reelection. We estimate career concerns for US senators, and quantify how preferences for office\&nbsp;and policy affect electoral accountability. Senators are typically willing\&nbsp;to make signicant policy concessions for electoral gains: the median\&nbsp;senator is willing to give up 5\% of the average distance between voters\&nbsp;and politicians for a 1\% increase in the probability of reelection. There\&nbsp;is, however, substantial heterogeneity, which covaries with observable\&nbsp;characteristics. Given estimated voter responsiveness, accountability is\&nbsp;low on average, but high for office-motivated senators in competitive\&nbsp;elections.</p><p>\&nbsp;</p>},
  year = {2024},
  journal = {American Journal of Political Science},
  volume = {68},
  pages = {696{\textendash}713},
  month = {04/2024},
  language = {eng},
}