’ rent-seeking abilities, as well as with the gap between rich and poor. It is not income inequality per se that matters …, however, but inequality in the relative distribution of earning and political power. For each of the three channels of …-country differences in inequality permanent, or gradually narrowing? Equivalently, is there convergence not just in the first moment of …

curve in many Western economies during this period, with the fall in inequality following redistribution due to …

redistributive than a nondemocratic regime, and this gives the elite an incentive to mount a coup. Because inequality makes democracy … relationship between inequality and redistribution is nonmonotonic; societies with intermediate levels of inequality consolidate …

personal welfare inequality, in combination with distortionary taxation. The case for public investment as a significant …