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Publications (4)
Book Chapter
From the book:
The Role of Elites in Economic Development
Working Paper
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Particular sets of institutions, once they become established in a society, have a strong tendency to persist. In this paper I argue that understanding how elites form and reproduce is key to understanding the persistence of institutions over time. I illustrate this idea with a simple political...
Working Paper
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Inequality in the distribution of family income, which had remained virtually unchanged since the end of World War II until 1968, has increased sharply since then. Inequality in household wealth has increased even more dramatically, with the share of the top one per cent doubling since 1976. Perhaps...
Working Paper
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– Geographic Concentration and Convergence of Internet Industries in the US
This paper investigates the effect of information technology on industrial patterns of concentration and convergence. Information-technology intensive industries exhibit slower employment convergence than other industries. The regression estimates suggest that the highest-IT industries exhibit...
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