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In this paper we revisit the relationship between democracy, redistribution and inequality. We first explain the … theoretical reasons why democracy is expected to increase redistribution and reduce inequality, and why this expectation may fail … to be realized when democracy is captured by the richer segments of the population; when it caters to the preferences of …
Persistent link: https://www.econbiz.de/10012458917
This paper highlights the importance of natural resource concentration and ethnic group regional concentration for ethnic conflict. A new type of bargaining failure due to multiple types of potential conflicts (and hence multiple threat points) is identified. The theory predicts war to be more...
Persistent link: https://www.econbiz.de/10012458535
We construct a model of revolution and transition to democracy under individualistic and collectivist cultures. The … culture are more likely to end up adopting democracy earlier than countries with a collectivist culture. Our empirical … democracy, even after controlling for other determinants of democracy emphasized in the literature. We provide evidence that …
Persistent link: https://www.econbiz.de/10012457549
than is that of other country pairs only after World War II. Before 1914 and between the World Wars, there is no difference …
Persistent link: https://www.econbiz.de/10012473888
In recent decades, democratic countries have signed hundreds of international environmental agreements (IEAs). Most of these agreements, however, are weak: they generally do not include effective enforcement or monitoring mechanisms. This is a puzzle in standard economic models. To study this...
Persistent link: https://www.econbiz.de/10012455712
Military spending, fatalities, and the destruction of capital, all of which are immediately felt and are often large, are the most overt costs of war. They are also relatively short-lived. The costs of war borne by combatants and their caretakers, which includes families, communities, and the...
Persistent link: https://www.econbiz.de/10012462548
System. Comparing to those in other duties around the world, deployment to Iraq/Afghanistan increases the odds of developing …
Persistent link: https://www.econbiz.de/10012463446
The institutional arrangements governing the creation of money in the United States have changed dramatically since the Revolution. Yet beneath the surface the story of wartime money creation has remained much the same. During wars against minor powers, the government was able to fund the war by...
Persistent link: https://www.econbiz.de/10012457446
The US Civil War ended in 1865 without the distribution of land or compensation to those formerly enslaved--a decision often seen as a cornerstone of racial inequality. We build a dataset to observe Black households' landholdings in 1880, a key component of their wealth, alongside a sample of...
Persistent link: https://www.econbiz.de/10013172157
The War for Independence left the National Government deeply in debt. The spoils from winning that war also gave it an empire of land. So, post-1783, was the National Government solvent? Was its net asset position, land assets minus debt liabilities, positive or negative? Evidence is gathered to...
Persistent link: https://www.econbiz.de/10012466803