Gersbach, Hans; Mühe, Felix - 2008
-buying, political economy, poverty traps, economic develop-
ment, voting rules, repeated voting
JEL: D72, I20, I30, O10, P16.
∗We would …
caught in a poverty trap. This is a positive analysis. We use a simple political economy
model in which societies vote on … literature on political science and political economy (see
for example, Baron and Ferejohn (1989) and Mueller, Tollison, and …