expropriation. In a dynamic setting, market payoffs may induce sufficient inequality in next period's endowments for markets to … alternate with expropriation in a limit cycle, decreasing efficiency and amplifying macroeconomic fluctuations. Long run …

efficiency and amplifying macroeconomic fluctuations, depends on social mobility, initial inequality, and the mismatch between … to coalitional expropriation. More equally distributed power and higher congruence of land and power favor stable markets …. Whether markets are stable forever in a dynamic setting, or alternate with expropriation in a limit cycle, decreasing …

expropriation in a limit cycle, decreasing efficiency and amplifying macroeconomic fluctuations. … respect to coalitional expropriation. More equally distributed power and higher congruence of land and power favor stable …

We study the labor market outcomes of males aged 18-60 obtaining an urban hukou as a result of land expropriation …-à-vis native urbanites. We also find that children of families experiencing a hukou change due to expropriation have similar … economic determinant of labor market outcomes and as a source of inequality. Differences in educational investment, regardless …

mitigate the risk of expropriation by reducing corporate transparency. Lower transparency, in turn, leads to inefficient … that the negative effect of expropriation risk on corporate transparency is stronger for industries that are especially … vulnerable to expropriation, in particular, for industries whose profits are highly correlated with oil prices. Controlling for …

mitigate the risk of expropriation by reducing corporate transparency. Lower transparency, in turn, leads to inefficient … that the negative effect of expropriation risk on corporate transparency is stronger for industries that are especially … vulnerable to expropriation, in particular, for industries whose profits are highly correlated with oil prices. Controlling for …

efficient land use. We trace these increases in productivity to an increase in land inequality associated with the Revolutionary …

-generated expropriation series is highly correlated with a commonly used measure of property rights; (ii) the explanatory power of … share of the U.S. aggregate fluctuations …

efficient land use. We trace these increases in productivity to an increase in land inequality associated with the Revolutionary …