Acemoglu, Daron; Robinson, James - Economics Department, Massachusetts Institute of … - 1999
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 … democracy and redistribute more than both very equal and very unequal countries. We also show that asset redistribution, such as …