The paper investigates the relationship between compositional inequality (how shares of capital and labor income vary along distribution) inter-personal inequality. Using a new methodology data from 47 countries covering period 1995–2018, we show that higher is associated with This clearly shown by Latin American India. Nordic are exceptional because they combine high low Their exceptionalism a...

area display a striking variety. Ignoring many important differences among Western countries, Soviet orthodoxy reduces the variation to a crude dichotomy between "capitalist" and "socialist" political systems. Taking the United States as a paradigm, it indicts "capitalist" states as the home of malpractice suits and (so far as I know) completely disregards statutory schemes for review of compla...

The concept of institutional complementarity – that the co-existence of two or more institutions enhances the functioning of each – is frequently used to explain why institutions are resistant to change and why introducing new institutions into a system often fails to achieve the intended objective. This paper utilizes examples from comparative political economy to delineate the concept and add...