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In this paper we revisit the relationship between democracy, redistribution and inequality. We first explain the … theoretical reasons why democracy is expected to increase redistribution and reduce inequality, and why this expectation may fail …: democracy does not lead to a uniform decline in post-tax inequality, but can result in changes in fiscal redistribution and …
Persistent link: https://www.econbiz.de/10012458917
influence or bribe politicians, and when inequality and potential taxes are high (which makes redistribution more valuable to … so, they are effectively accepting a certain amount of politician (presidential) rents in return for redistribution. We …
Persistent link: https://www.econbiz.de/10012461364