Ticchi, Davide (contributor); Vindigni, Andrea (contributor) - 2008
related to a recent literature in political economy, which investigates
the reasons why countries democratize, and more … Environment
We consider an economy in discrete time, populated by a continuum of measure 1 of in�nitely
lived agents. All agents … citizens. Moreover, we denote with H
and L respectively, the set of high-skill and the set of low-skill agents.
The economy and …