Oligarchy, democracy, inequality and growth

This paper analyses the dynamics of inequality, democratization and economic development in a political economy model of growth where education is both the engine of growth and a determinant of political participation. In a context with imperfect capital markets, we investigate the incentives for an...

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Bibliographic Details
Published in:	Journal of development economics Vol. 62; no. 2; pp. 285 - 313
Main Authors:	Bourguignon, François, Verdier, Thierry
Format:	Journal Article
Language:	English
Published:	Amsterdam Elsevier B.V 01-08-2000 Elsevier North-Holland Pub. Co Elsevier Sequoia S.A
Series:	Journal of Development Economics
Subjects:	Democracy Democratization Development economics Economic development Economic growth Economic models Economic theory Education Income distribution Income redistribution Inequality Oligarchy Political behavior Political economy Political participation Redistribution Democratization O15 Redistribution Political economy Economic development O11 D72 Inequality
Online Access:	Get full text
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