turns out to be preferred by society when ex ante income inequality is relatively low, while a majoritarian system is chosen … when income inequality is relatively high. We also obtain that consensual democracies should be expected to be ruled more … the relationship between inequality and redistribution are discussed. Historical evidence and a cross-sectional analysis …

This paper analyzes the evolution of poverty in Latin America. In 1998, about a third of the population was poor, and … one sixth extreme poor. This represents 179 million poor people, of which 89 million lived in extreme poverty. The share …