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Persistent link: https://www.econbiz.de/10001773143
This paper generalizes the analysis of distributive con?ict, politics, and growth developed by by Alesina-Rodrik (1994). We construct a heterogenous-agent framework in which both growth and the distribution of wealth are endogenous. Due to adjustments in the distribution of wealth, the...
Persistent link: https://www.econbiz.de/10010272268
Persistent link: https://www.econbiz.de/10013436267