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Theoretical models of the Kuznets Curve have been purely analytical with little contribution towards an understanding of the timing of the process and the presence of additional mechanisms affecting its timing. This paper proposes an agent-based version of Acemoglu and Robinson's model of the...
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institutions which drive this relationship using data from the Varieties of Democracy project. We sketch how incentives and … opportunities as well as the distribution of political power shaped by underlying institutions, in combination with the extent of … selection into institutional change, and run horse races between underlying institutions. We find that freedom of expression …
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growth cluster is their reasonable quality of institutions. -- Economic Growth ; Regime Switching ; Latent Class Models …
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