We introduce a dynamic model that investigates the persistence and evolution of elite-dominated societies, where inherited political capital determines one's social standing. Our analysis highlights the critical role of the distribution of exit options in the evolution of political inclusiveness...

We introduce a dynamic model that investigates the persistence and evolution of elite-dominated societies, where inherited political capital determines one's social standing. Our analysis highlights the critical role of the distribution of exit options in the evolution of political inclusiveness...

The global goal to attain gender equality, including ending all forms of discrimination against women and girls, and ensuring their safety, is central to the achievement of the Sustainable Development Goals. Its attainment means that every person, regardless of sex, is empowered to reach their...

The paper highlights the importance of the design of the fiscal features of the federal system of government in ensuring that potential benefits from its adoption are realized. This economic literature on fiscal federalism posits a framework that delineates the potential benefits ensuing from...

The paper highlights the importance of the design of the fiscal features of the federal system of government in ensuring that potential benefits from its adoption are realized. This economic literature on fiscal federalism posits a framework that delineates the potential benefits ensuing from...