taxation that relies, both on voting and on "influence activities," exploited by the capitalist elite in order to capture some …

allows the elite to make credible commitments of future income redistribution in favor of the citizens, while a limited … evidence consistent with our theory is also provided. -- Autocracy ; democracy ; wars ; redistribution … aftermath of major wars. Motivated by this fact, we offer a theory of political transitions which focuses on the impact of …

We develop a theory of endogenous political entrenchment in a simple two-party dynamic model of income redistribution … the net gain that low-skill agents obtain from income redistribution, which only the Left (but not the Right) can credibly … theory for constitutionally legislated term limits is also discussed. The theory sheds light on why left-wing parties or …

. We study the conditions under which a state of law can be implemented under oligarchy, and when democratization is … necessary. Inequality in endowments and incomes prolongs the absence of good institutions and delays democratization. Conversely …

inequality and mobility for demand for redistribution and social insurance. We model the size of two different public programs …, and the demand for redistribution crucially depend on the level of income inequality and mobility. -- redistribution …