. This enables them to reduce the amount of redistribution and public good provision in democracy. Moreover, the inefficient … inefficient state is more likely to arise when there is greater inequality between the rich and the poor, when bureaucratic rents …

Because of their more limited inequality and more comprehensive social welfare systems, many perceive average welfare … entrepreneurs (thus greater inequality) increases entrepreneurial effort and hence a country's contribution to the world technology … "cutthroat capitalism" that generates greater inequality and more innovation and will become the technology leaders, while others …

curve, whereby the fall in inequality follows redistribution due to democratization. We characterize the conditions under … widespread social unrest and revolution. Political transition, rather than redistribution under existing political institutions … political equilibrium and acts as a commitment to future redistribution. Our theory offers a novel explanation for the Kuznets …

evolution of earnings inequality is what we refer to as the canonical model, which elegantly and powerfully operationalizes the …

changes which encourage redistribution and reduce inequality. Nevertheless, development does not necessarily induce a Kuznets …The paper provides a political economy theory of the Kuznets curve. When development leads to increasing inequality …," with high inequality and low output, and an "East Asian Miracle," with low inequality and high output. These arise either …

This essay discusses the effect of technical change on wage inequality. I argue that the behavior of wages and returns … increase in inequality is most likely due to an acceleration in skill bias. In contrast to twentieth century developments, most …