distribution and growth, as well as the relevant empirical evidence. The first model integrates the political-economy and imperfect … capital markets theories. It allows for departures from perfect democracy and embodies the trade-off between the growth costs … savings incentives and ameliorate the wealth constraints that impede investment by the poor. The second model is a growth …

accumulation to regional growth. We model explicitly the political-economy process driving infrastructure investments; in doing so …

and economic growth. Individuals (who differ in abilities) live for two periods, working when young and owning capital … lower pollution tax, a larger capital tax, and lower growth. …

We model growth in dictatorships facing each period an endogenous probability of ‘political catastrophe’ that would … extinguish the regime's wealth extraction ability. Domestic capital exhibits a bifurcation point determining economic growth or …

education. Public education is favourable for growth because it increases the level of human capital and at the same time it …. The main results are that for a given structure of political rights, more inequality may be good for growth if it implies … more political support for education; increased political rights are good for growth and also imply a more equal income …

growth. It demonstrates the significant role of the distribution of human capital in the process of economic development. The … evolutionary pattern of the human capital distribution, the income distribution and economic growth are determined by the interplay …

Within the context of the neoclassical growth model I investigate the implications of (initial) endowment inequality …

growth. The analysis demonstrates that the interplay between technological progress and two components that determine … growth. In periods of major technological inventions the ability effect is the dominating factor. The decline in the relative … technological progress and economic growth. Once existing technologies become more accessible, however, mobility is diminished and …

for missing credit and insurance markets. The resulting tradeoffs for growth and efficiency are explored, both … to higher income growth than taxes and transfers, but at the cost of lower insurance. Overall efficiency is assessed …