relationship between inequality and redistribution is nonmonotonic; societies with intermediate levels of inequality consolidate …We develop a theory of political transitions inspired in part by the experiences of Western Europe and Latin America … redistributive than a nondemocratic regime, and this gives the elite an incentive to mount a coup. Because inequality makes democracy …

so, they are effectively accepting a certain amount of politician (presidential) rents in return for redistribution. We … better organized and are more likely to be able to influence or bribe politicians; and when inequality and potential taxes … are high (which makes redistribution more valuable to the majority). We show that the main intuition, that checks and …

influence or bribe politicians, and when inequality and potential taxes are high (which makes redistribution more valuable to … so, they are effectively accepting a certain amount of politician (presidential) rents in return for redistribution. We …

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 …: democracy does not lead to a uniform decline in post-tax inequality, but can result in changes in fiscal redistribution and …

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 …: democracy does not lead to a uniform decline in post-tax inequality, but can result in changes in fiscal redistribution and …

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 …: democracy does not lead to a uniform decline in post-tax inequality, but can result in changes in fiscal redistribution and …

influence or bribe politicians, and when inequality and potential taxes are high (which makes redistribution more valuable to … so, they are effectively accepting a certain amount of politician (presidential) rents in return for redistribution. We …