Rising poverty and inequality increases the risk of social instability in countries all around the world. For measuring … poverty and inequality there exists a variety of statistical indicators. Estimating these indicators is trivial as long as the … income variable. Based on these pseudo samples, poverty and inequality indicators are estimated. The standard errors of the …

Recent empirical work has established that 'democracy causes growth'. In this paper, we determine the underlying … the market, endogenously form an 'economic blueprint for growth', which likely differs across countries. We take our model … institutions, as witnessed recently in many countries, may jeopardise the perpetual growth effect of becoming a liberal democracy …

proved to be enough to shed light on the length and timing before high inequality implies regime change. Thus, this work may …