Dutta, Indranil; Madden, Paul; Mishra, Ajit - In: Manchester School 82 (2014) 3, pp. 257-283
type="main" <p>This paper presents a theoretical model to show how distributional concerns can engender social conflict. We have a two-period model that highlights the crucial role of future inequality. Equality of assets and income in the current period does not stop conflict from arising the...</p>