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The distribution of human capital and income lies at the center of a nexus of forces that shape a country’s economic, institutional and technological structure. I develop here a unified model to analyze these interactions and their growth consequences. Five main issues are addressed. First, I...
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taxation that relies, both on voting and on "influence activities," exploited by the capitalist elite in order to capture some …
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inequality induces more government redistribution; (2) more government redistribution is financed by higher distortionary …
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mechanism through which the pressure for redistribution can be highly non linear therefore providing an explanation as to … long run. -- growth ; Community formation ; human capital ; redistribution ; social mobility …
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