the process of development. A simple general equilibrium model of rent-seeking political elites with two productive … entry into politics and how the size of the elite affects the level of distortions. The model also highlights the role …

We construct a model of simultaneous change and persistence in institutions. The model consists of landowning elites … non-democracy to democracy, alters the distribution of de jure political power, but the elite can intensify their … investments in de facto political power, such as lobbying or the use of paramilitary forces, to partially or fully offset their …

private firm. We solve analytically for the Kantian equilibrium of this lobbying game together with the majority voting … more concentrated among the top productivity individuals, their increased lobbying effort generates efficiency as well as …

An extensive literature has studied lobbying by special interest groups. We analyze a novel lobbying channel: lobbying … politically motivated spenders of similar magnitude, stressing the economic importance of this lobbying channel. These findings …

popular view that choices on secondary policy instruments are largely determined by lobbying, we find strong effects of …

Conventional wisdom suggests that lobbying is the preferred mean for exerting political influence in rich countries and … theoretical framework that focus on the relationship between lobbying and corruption (that is, it investigates under what … conditions they are complements or substitutes). The paper also offers novel econometric evidence on lobbying, corruption and …