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curve in many Western economies during this period, with the fall in inequality following redistribution due to …
Persistent link: https://www.econbiz.de/10005791338
redistributive than a nondemocratic regime, and this gives the elite an incentive to mount a coup. Because inequality makes democracy … relationship between inequality and redistribution is nonmonotonic; societies with intermediate levels of unequality consolidate …
Persistent link: https://www.econbiz.de/10005574256
redistributive than a nondemocratic regime, and this gives the elite an incentive to mount a coup. Because inequality makes democracy … relationship between inequality and redistribution is nonmonotonic; societies with intermediate levels of inequality consolidate …
Persistent link: https://www.econbiz.de/10005661707
redistributive than a nondemocratic regime, and this gives the elite an incentive to mount a coup. Because inequality makes democracy … relationship between inequality and redistribution is nonmonotonic; societies with intermediate levels of inequality consolidate …
Persistent link: https://www.econbiz.de/10014175752
curve, whereby the fall in inequality follows redistribution due to democratization. We characterize the conditions under …; an `autocratic disaster', with high inequality and low output; and an `East Asian Miracle', with low inequality and high …
Persistent link: https://www.econbiz.de/10014071477
We develop an assignment model of automation. Each of a continuum of tasks of variable complexity is assigned to either capital or one of a continuum of labor skills. We characterize conditions for interior automation, whereby tasks of intermediate complexity are assigned to capital. Interior...
Persistent link: https://www.econbiz.de/10014496402
Persistent link: https://www.econbiz.de/10012616102
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 … such activities, thus exacerbating inequality among a large part of the population. We then survey the existing empirical …
Persistent link: https://www.econbiz.de/10014025324
Persistent link: https://www.econbiz.de/10013270096
Persistent link: https://www.econbiz.de/10013402112