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stability and economic performance of dictatorships. It reflects on the general usefulness of economic theories of dictatorship …
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period, and inequality is persistent. Inflation in our model is a mechanism of redistribution, and we find that the link …
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wealth and the likelihood of radical redistribution: while the net benefits of redistribution for members of the poor class …
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Political economy models predict that the rich oppose redistribution, and hence vote for conservative parties. Although …
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