This article describes a model that shows the economic effects of political structure. Four structures are examined: dictatorship, individual enterprise, individual enterprise with tax redistribution, and anarchism. The dependent variables are total output and its distribution

To explain the relationship between income inequality and economic growth, we develop a computational model of endogenous growth by taking the effects of fixed government expenditure into account. With such a model, a non-linear relationship between level of income inequality and economic growth...

We consider the welfare effects of skilled worker emigration in a context where skilled labor plays a role in product design. We show such emigration can benefit the residents left behind, even when consumers' tastes exhibit a form of home bias. This is because emigration improves the design of...