is causal: a longer period in power increases the chance that a person may start (or continue) a political dynasty …. Therefore, dynastic political power is self-perpetuating in that a positive exogenous shock to a person's political power has … persistent effects through posterior dynastic attainment. In politics, power begets power …

society consists of rich and poor individuals. The rich are initially in power, but expect to transition to democracy, which … rents for bureaucrats than would an efficient state structure. When the poor come to power in democracy, they will reform …

nondemocracy to democracy, alters the distribution of de jure political power, but the elite can intensify their investments in de … we refer to as invariance. When the model is enriched to allow for limits on the exercise of de facto power by the elite … of the exercise of de jure and de facto political power. A change in political institutions, for example a move from …

) and civil society (representing non-elite citizens), where both players can invest to increase their power. The model …

manufacturers' market power. We also find that greater reliance on a specific tax has greater impact on cigarette smoking, but the … impact diminishes with the growth of manufacturers' market power …

This paper presents new evidence on the power sharing layout of national political elites in a panel of African … employing data on the ethnicity of cabinet ministers since independence. As opposed to the view of a single ethnic elite … monolithically controlling power, we show that African ruling coalitions are large and that political power is allocated …

. Succinctly, countries receive a commercial return on their soft power …

political power decides the allocation of resources. We show that Pareto efficient allocations take a quasi-Markovian structure … and can be represented recursively as a function of the identity of the group in power and updated Pareto weights. For … disappear and labor supply and consumption levels fluctuate over time. The labor supply of groups that are not in power are …