means to protect the economic interests of the once ruling elite. Under "democratic federalism" the constitution creates an … annual policy game where the new majority and the elite each control one policy instrument of importance to the other. The … game has a stable, stationary equilibrium that the elite may prefer to autocratic rule. We apply our analysis to South …

their effort, it will chose low redistribution and low taxes. In equilibrium effort will be high, the role of luck limited …

This paper develops a politico-economic model for use in studying the role of intra-elite conflict in the simultaneous … determination of a country's political regime, trade policy and income-tax-based redistribution scheme. Three socioeconomic groups … are involved: two elite groups and workers, whose preferences regarding trade policy and income taxation are derived from …

and then falls for higher income quintiles, consistent with median voter political economy theory and what Stigler called … redistribution and a modest effect of two year led inequality …

The relationship between the degree of inequality and the demand for redistribution has been a central question in … gap between the income of the average and the median voter, should lead to increased demand for redistribution, as … demand for redistribution. Part of the explanation of this puzzle lies in the realization that it is not only (or even mainly …

any role for redistribution or representation of voters, but solely based on interactions among the ruling elites. This …

Even relatively poor people oppose high rates of redistribution because of the anticipation that they or their children … in large-scale expropriation and highly progressive redistribution. But is it compatible with everyone -- especially the …

imperfections make future earning a function of current resources. Combined with the politics of redistribution this creates the … potential for multiple steady-states, with mutually reinforcing high inequality and low redistribution, or vice-versa. Temporary …