closed political institutions were associated with higher economic inequality in a panel of early modern German cities. To …

We explore the exercise of power in perpetuating status quo institutions. We give empirical examples of the economic …

The recent theorical literature on the political economy of growth displays contrasting findings on the nature of the … political link between income inequality and growth. In this paper, we explain this contrast and argue that in a democracy, when … expenditures by altruistic agents, a negative relation between inequality and growth emerges in equilibrium. …

phenomenon with yet unclear impact. We develop a unified framework incorporating economic institutions, human capital and … physical capital to study the interaction of international capital flows and growth. Analytically, we study conditions under … which a positive change of a country's economic institutions can attract inflows of physical capital from abroad, leading to …

The aim of the concept of inclusive growth, which is being promoted in particular by international organisations such …-running debate on alternative welfare measures beyond GDP per capita. On the other, the discussion on the relationship between growth … growth. In principle, it would be welcomed to pay more attention to the distribution aspects of economic growth. However …