Gradstein, Mark; Milanovic, Branko; Ying, Yvonne - CESifo - 2001
While standard political economy theories suggest a moderating effect of democratization on income inequality … income groups, hence democratization may have only a negligible effect on inequality. On the other hand, in societies where … proxied by a country’s dominant religion – seems to be related to inequality. But in addition, in Judeo-Christian societies …