Empirical studies have shown that US politics is heavily tilted in favor of the better off, as political decisions tend to reflect the preferences of the rich while largely ignoring those of the poor and middle classes. These findings have prompted a lively debate about potential mechanisms that...

This paper examines the ownership structure of eurozone public debt and the distributional consequences thereof. Through both a comparative perspective and an explorative case study of Italy, this paper asks two research questions. Firstly, it asks who holds government debt in Spain, France,...