distribution and growth, as well as the relevant empirical evidence. The first model integrates the political-economy and imperfect … capital markets theories. It allows for departures from perfect democracy and embodies the trade-off between the growth costs … savings incentives and ameliorate the wealth constraints that impede investment by the poor. The second model is a growth …

We model growth in dictatorships facing each period an endogenous probability of ‘political catastrophe’ that would … extinguish the regime's wealth extraction ability. Domestic capital exhibits a bifurcation point determining economic growth or …

accumulation to regional growth. We model explicitly the political-economy process driving infrastructure investments; in doing so …

education. Public education is favourable for growth because it increases the level of human capital and at the same time it …. The main results are that for a given structure of political rights, more inequality may be good for growth if it implies … more political support for education; increased political rights are good for growth and also imply a more equal income …