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Surely everyone wants to know the source of happiness, and indeed, economists and social scientists are increasingly …
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We develop an assignment model of automation. Each of a continuum of tasks of variable complexity is assigned to either capital or one of a continuum of labor skills. We characterize conditions for interior automation, whereby tasks of intermediate complexity are assigned to capital. Interior...
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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 … such activities, thus exacerbating inequality among a large part of the population. We then survey the existing empirical …
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governments. We show that greater inequality makes the use of the military in nondemocratic regimes more likely and also makes it … more difficult for democracies to prevent military coups. In addition, greater inequality also makes it more likely that …
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