Occupy Government: Democracy and the Dynamics of Personnel Decisions and Public Finances
---- Acknowledgments ----
This research project started in April 2016, and was first presented in November 2017. We are grateful to the comments of Santosh Anagol, Paulo Arvate, Audinga Baltrunaite, Jean Beuve, Felipe Campante, Emanuelle Colonnelli, Raphael Corbi, Jacques Cremer, George Deltas, Dakshina de Silva, Thomas Fujiwara, Maria Guadalupe, Lucas Novaes, Mounu Prem, Stéphane Saussier, Pedro Souza, Pablo Spiller, Bruno Rocha, Steve Tadelis, Edoardo Teso, Guo Xu, and all participants at the 2017 National Tax Association meeting, Paris-Berkeley Workshop 2018, Lancaster 2018 Conference on “Auctions, Competition, Regulation, and Public Policy,” and PUC-Rio seminars for very helpful comments. We thank the Research Sponsors of the Zell/Lurie Real Estate Center at Wharton for financial support, and Qize Chen, Min Kim, Rafael Tavares, and Trevor Woolley for their outstanding research assistance. Klenio Barbosa gratefully acknowledges the São Paulo Research Foundation (FAPESP) for the travel grant (2018/05086-4). All errors are our responsibility. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.