We study political competition in an environment in which voters have private information about their preferences. Our framework covers models of income taxation, public-goods provision or publicly provided private goods. Politicians are vote-share-maximizers. They can propose any policy that is...

We develop a multi-industry growth model with oligopolistic competition, endogenous entry and variable markups. At the heart of our model is a complementarity between capital accumulation and competition, which may give rise to multiple steady-states – steady-states characterized by high...