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's military dictatorship whose rise to power dramatically altered the distribution of power of local political elites. We document …This paper analyzes how changes in the concentration of political power affect long-run development. We study Brazil …'s policies aimed at undermining the power of traditional elites. These policies increased political competition locally, which …
Persistent link: https://www.econbiz.de/10012481651
) and civil society (representing non-elite citizens), where both players can invest to increase their power. The model …. We develop a dynamic contest model of the potential competition between state (controlled by a ruler or a group of elites …
Persistent link: https://www.econbiz.de/10012455025
Thomas Piketty's (2014) book, Capital in the 21st Century, follows in the tradition of the great classical economists, like Marx and Ricardo, in formulating general laws of capitalism to diagnose and predict the dynamics of inequality. We argue that general economic laws are unhelpful as a guide...
Persistent link: https://www.econbiz.de/10012457900
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 …
Persistent link: https://www.econbiz.de/10012465912
We report on an on-going project, which asks a number of questions relevant to the study of state capacity. What are the main economic and political determinants of the state's capacity to raise revenue and support private markets? How do risks of violent conflict affect the incentives to invest...
Persistent link: https://www.econbiz.de/10012463562
unanticipated) changes in the distribution of political power and in economic structure. We focus on the Markov Voting Equilibria …, which require that economic and political changes should take place if there exists a subset of players with the power to … institutions as well as individual types can be ordered, and preferences and the distribution of political power satisfy natural …
Persistent link: https://www.econbiz.de/10012459504
development quest. The sample includes seven developing countries--Botswana, Ghana, Nigeria, Zambia, India, Vietnam and Brazil …
Persistent link: https://www.econbiz.de/10012455303
political power can lead to multiple equilibria in the determination of public education spending. The main predictions of the …
Persistent link: https://www.econbiz.de/10012465331
enterprise can flourish. I focus on the role that internal promotion can play in bringing to power individuals who highly value …
Persistent link: https://www.econbiz.de/10012473683
civic participation, including voting and organizing. In the battle between democracy and dictatorship, democracy has a wide … potential base of support but offers weak incentives to its defenders. Dictatorship provides stronger incentives to a narrower …
Persistent link: https://www.econbiz.de/10012466541