Blouin, Max; Pallage, Stéphane - Centre Interuniversitaire sur le Risque, les Politiques … - 2007
In this paper, we build a model of agrarian economies in which a kleptocratic government taxes farmers to maximize its life-time utility. The model is a dynamic general equilibrium model in which the subsistence of farmers requires a minimum level of consumption. We analyze the effect that a...