suggest that: (a) increasing property rights protection increases income inequality; (b) this effect is larger in low …

suggest that: (a) increasing the protection of property rights increases income inequality; (b) such an effect is larger in …

. Results suggest that: (a) increasing the protection of property rights increases income inequality; (b) such an effect is …

expropriation. In a dynamic setting, market payoffs may induce sufficient inequality in next period's endowments for markets to … alternate with expropriation in a limit cycle, decreasing efficiency and amplifying macroeconomic fluctuations. Long run …

to coalitional expropriation. More equally distributed power and higher congruence of land and power favor stable markets …. Whether markets are stable forever in a dynamic setting, or alternate with expropriation in a limit cycle, decreasing … efficiency and amplifying macroeconomic fluctuations, depends on social mobility, initial inequality, and the mismatch between …

expropriation. In a dynamic setting, market payoffs may induce sufficient inequality in next period's endowments for markets to … alternate with expropriation in a limit cycle, decreasing efficiency and amplifying macroeconomic fluctuations. Long run …