What was the impact of urban political structure on economic inequality in preindustrial times? I document that more closed political institutions were associated with higher economic inequality in a panel of early modern German cities. To investigate the mechanisms behind that...

The article designs and tests a framework which grasps ideological divergences among the Russian elite by focusing on Radical Statism (Radical Gosudarstvennichestvo) and contrasting it with Radical Civicism. In order to operationalize this distinction, the study develops lists of particular...

We construct a model of simultaneous change and persistence in institutions. The model consists of landowning elites and workers, and the key economic decision concerns the form of economic institutions regulating the transaction of labor (e.g., competitive markets versus labor repression). The...

Elite college attendance significantly impacts students' entrepreneurship decisions and career dynamics. We find that an elite college degree is positively correlated with entrepreneurship (i.e., owning an incorporated business) but not with other self-employment forms. Our overlapping...

Elite college attendance significantly impacts students' entrepreneurship decisions and career dynamics. We find that an elite college degree is positively correlated with entrepreneurship (i.e., owning an incorporated business) but not with other self-employment forms. Our overlapping...

While there is evidence of a substantial and rising labor market premium associated with college attendance, little is known about how this premium varies across institutions of different quality and across time. Previous research which has estimated the return to college quality has not taken...

This paper analyses the pre-tax inequality in the income that individuals actually receive in Brazil and the role of the personal income tax in regulating these incomes. We produce a new distributional series of fiscal income, consistently combining annual and nationally representative household...

Elite occupations are characterised by the magnitude of income accumulation which has been particularly exacerbated in the financialisation process. This paper however shows that the cumulative effects on group earnings is a pattern visible across the labour force. The case studies on the US and...

Analyzing linked employer-employee panel administrative databases, we study the evolving isolation of higher earners from other employees in eleven countries: Canada, Czechia, Denmark, France, Germany, Hungary, Japan, Norway, Spain, South Korea, and Sweden. We find in almost all countries a...

This paper studies the effects of enrollment in an elite school on students’ achievement. We use that elite schools in Amsterdam are often oversubscribed and admission is based on lotteries. Our results show that elite schools have negative effects on achievement of students who just...

This paper exploits an original database that spans 30-plus developed and developing nations between 1870 and 2010 to perform the first empirical analysis of the relationship between historical levels of intra-elite competition and fiscal development over the long run. We argue that the timing...

This article analyses the increasing socio-economic segmentation of rural society in Northern Italy in the early modern era. With a synthesis of the historiography on the Italian countryside plus original archival research, we reconstruct the political role and the socioeconomic basis of rural...

Analyzing linked employer-employee panel administrative databases, we study the evolving isolation of higher earners from other employees in eleven countries: Canada, Czechia, Denmark, France, Germany, Hungary, Japan, Norway, Spain, South Korea, and Sweden. We find in almost all countries a...

Elite skills have become crucial in today’s superstar economy. We develop a multi-period skill-formation model where we show that individuals with temporary disadvantages must exert greater effort to gain access to elite education. This “underdog-incentive effect” implies that “educated...

Economic development process implies, among other things, export expansion beyond natural resources and towards more knowledge intensive sectors. However, a common problem within developing countries is the lack of economic and political elités "entrepreneurial push" in order to diversify such...

I examine the activity of political elites during a period of intensive state-building in pre-imperial China. Using a novel hand-collected dataset on 1,075 political elites, I find that civil unrest was responsible for a majority of the deaths of elites, that there was substitution away from...

Do elites capture foreign aid? This paper documents that aid disbursements to highly aid-dependent countries coincide with sharp increases in bank deposits in offshore financial centers known for bank secrecy and private wealth management, but not in other financial centers. The estimates are...

Do elites capture foreign aid? This paper documents that aid disbursements to highly aid-dependent countries coincide with sharp increases in bank deposits in offshore financial centers known for bank secrecy and private wealth management, but not in other financial centers. The estimates are...

We show using a theoretical framework that embeds a voting model in a general-equilibrium model of a rural economy with two interest groups defined by land ownership that the effects of democratization--a shift from control of public resources by the landed elite to a democratic regime with...

This book explores and traces the progressive activism and radical ideas of several elite women in Italy beginning in the early 20th century. It discusses the shared political culture that shaped the thinking and the activity of these women, mainly oriented towards political philanthropy and...

This book provides a critical analysis of visual images of British and international finance during the nineteenth century. Its focus is on the financiers themselves, contrasting the depiction of the respectable Merchant Princes with the less than perfect charlatans (white-collar criminals) who...

Providing context -- Reconceptualizing "business" and "state" in business-state relations -- Developing Egypt's "SMEs:" the social fund for development -- USAID's "private sector" projects : planting the seeds of exclusion -- The businessmen cabinet's "public private partnerships" for exclusive...