Discussion of The Influence of Elections on the Accounting Choices of Governmental Entities
LAURENCE VAN LENT
Tilburg University. Chung-Yu Hung, Wim Janssen, and Huaxiang Yin provided excellent research assistance. I thank Valeri Nikolaev and Ahmed Tahoun for very insightful discussions that yielded some of the ideas developed herein. I also appreciate constructive feedback from Richard Leftwich and Joe Weber. I am grateful to the Institute for Truth in Accounting for making available its 2009 study on state budgets.