When capital is perfectly mobile across countries and labour is fixed, a source-based tax on capital both reduces and redistributes world income. We show that under plausible circumstances there always exists a country that benefits from introducing such a tax.

The relationship between the distribution of political rights and that of economic resources has been studied both theoretically and empirically. This paper reviews the exsisting literature and, in particular, the available empirical evidence. Our reading of the literature suggests that formal...

While standard political economy theories suggest a moderating effect of democratization on income inequality, empirical literature has failed to incover any such robust relationship. Here we take yet another look at this issue arguing first, that prevailing ideology may be an important...