Acemoglu, Daron; Naidu, Suresh; Restrepo, Pascual; … - In: Handbook of income distribution : volume 2, (pp. 1885-1966). 2015
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 … to be realized when democracy is captured by the richer segments of the population; when it caters to the preferences of …
