Democracy, Redistribution and Inequality
In this paper we revisit the relationship between democracy, redistribution and inequality. We first explain the theoretical reasons why democracy is expected to increase redistribution and reduce inequality, and why this expectation may fail to be realized when democracy is captured by the richer s...
| Main Authors: | , , , |
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| Format: | Working Paper |
| Published: |
Cambridge, MA: Department of Economics, Massachusetts Institute of Technology
2014
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| Subjects: | |
| Online Access: | http://hdl.handle.net/1721.1/84473 |