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In this paper we revisit the relationship between democracy, redistribution and inequality. We first explain the … theoretical reasons why democracy is expected to increase redistribution and reduce inequality, and why this expectation may fail … broadly consistent with a view that is different from the traditional median voter model of democratic redistribution …
Persistent link: https://www.econbiz.de/10013071520
In this paper we revisit the relationship between democracy, redistribution and inequality. We first explain the … theoretical reasons why democracy is expected to increase redistribution and reduce inequality, and why this expectation may fail … broadly consistent with a view that is different from the traditional median voter model of democratic redistribution …
Persistent link: https://www.econbiz.de/10013071803
In this paper we revisit the relationship between democracy, redistribution and inequality. We first explain the … theoretical reasons why democracy is expected to increase redistribution and reduce inequality, and why this expectation may fail … broadly consistent with a view that is different from the traditional median voter model of democratic redistribution …
Persistent link: https://www.econbiz.de/10012458917
In this paper we revisit the relationship between democracy, redistribution, and inequality. We first explain the … theoretical reasons why democracy is expected to increase redistribution and reduce inequality, and why this expectation may fail … broadly consistent with a view that is different from the traditional median voter model of democratic redistribution …
Persistent link: https://www.econbiz.de/10014025324
Persistent link: https://www.econbiz.de/10001176489
We propose a model of cycles of distrust and conflict. Overlapping generations of agents from two groups sequentially play coordination games under incomplete information about whether the other side consists of "extremists" who will never take the good/trusting action. Good actions may be...
Persistent link: https://www.econbiz.de/10013103053