Balcazar, Carlos Felipe2015-01-072015-01-072015-01https://hdl.handle.net/10986/21150This paper assesses the link between democracy and inequality. Inequality is measured at the cohort level with pseudo-panel data built from nine Latin American countries' household surveys (1995-2009, biannual). Democracy is measured as a stock during long periods of time both before and after each cohort's year of birth. The paper presents evidence that long-run historical patterns in the degree of democracy relate to income inequality. However, this relationship is non-monotonic: inequality first increases with the stock of democracy before falling. The paper also presents evidence that education may be a mechanism explaining this result.en-USCC BY 3.0 IGOABSOLUTE VALUEACCESS TO EDUCATIONACCOUNTINGARMED CONFLICTBARGAININGBARGAINING POWERCAPITALISMCITIZENCITIZENSCONSTANT PRICESCOUNTRY LEVELCROSS-COUNTRY COMPARISONSCROSS-COUNTRY PANELCROSS-COUNTRY STUDIESDATA SETDATA SETSDEMOCRACIESDEMOCRACYDEMOCRATIC REGIMESDEPENDENT VARIABLEDEPRESSIONDEVELOPMENT ECONOMICSDEVELOPMENT POLICYDICTATORSHIPDIFFERENTIAL PATHSDISCRIMINATIONDISTRIBUTIVE POLITICSEARNINGS INEQUALITYECONOMIC CHANGEECONOMIC CHANGESECONOMIC CRISESECONOMIC DEVELOPMENTECONOMIC GROWTHECONOMIC HISTORIANSECONOMIC INEQUALITYECONOMIC OPPORTUNITIESECONOMIC POLICIESECONOMIC RESEARCHECONOMIC REVIEWECONOMICSEDUCATIONAL ATTAINMENTEGALITARIAN DISTRIBUTIONELECTIONSEMPIRICAL ANALYSISEMPIRICAL FINDINGSEMPIRICAL RESEARCHEMPIRICAL STUDIESEMPIRICAL TESTFACTOR ENDOWMENTSFAMILY INCOMEFINANCIAL CRISISFORCED LABORFRANCHISEGDPGENDER DIFFERENCESGENDER ROLESGENDER ~ DIFFERENCESGOVERNMENT POLICIESHIGH INEQUALITYHIGH UNEMPLOYMENTHISTORICAL PERSPECTIVEHOUSEHOLD SURVEYSHUMAN CAPITALHUMAN DEVELOPMENTIMPACT OF CONFLICTINCOME INEQUALITYINCOME INEQUALITY DATAINCOME REDISTRIBUTIONINCOMESINCREASED RETURNSINCUMBENTINDUSTRIAL DEVELOPMENTINEQUALITY EFFECTINEQUALITY EQUATIONINEQUALITY ESTIMATESINFLATIONINSTITUTIONAL ECONOMICSINTERNATIONAL ORGANIZATIONINVESTMENT IN EDUCATIONJOB OPPORTUNITIESLABOR ECONOMICSLABOR MARKETSLABOR UNIONSLAWSLEGAL FRAMEWORKLEGISLATORSLEGITIMACYLIFE EXPECTANCYLITERACY RATESLOW INCOMEMACROECONOMICSMEAN INCOMEMEASUREMENT ERRORMEDIAN INCOMEMEDIAN VOTERMINIMUM WAGESMINORITYMONOPOLYORGANIZED LABORPEACEPERSISTENT INEQUALITYPOLICY DISCUSSIONSPOLICY PROCESSPOLICY RESEARCHPOLICY RESEARCH WORKING PAPERPOLICY-MAKING PROCESSPOLITICAL CHANGEPOLITICAL CONTROLPOLITICAL ECONOMYPOLITICAL ECONOMY OF GROWTHPOLITICAL ENVIRONMENTPOLITICAL INSTITUTIONSPOLITICAL PARTICIPATIONPOLITICAL PARTIESPOLITICAL POWERPOLITICAL SCIENCEPOLITICAL STABILITYPOLITICAL UNRESTPOOR PEOPLEPRIMARY EDUCATIONPRODUCTIVITYPROGRESSPROPERTY RIGHTSPUBLIC CHOICEPUBLIC EDUCATIONPUBLIC INVESTMENTPUBLIC SERVICESPUBLIC SPENDINGPURCHASING POWERPURCHASING POWER PARITYQUALITY OF EDUCATIONQUALITY OF LIFERECESSIONREPRESENTATIVE DEMOCRACIESREPUBLICRIGHT-WINGRULE OF LAWSCHOOL YEARSSERIAL CORRELATIONSOCIAL NORMSSOCIAL OUTCOMESSOCIAL POLICYSOCIAL STRUCTURESOCIALISMSUFFRAGETAXATIONTEENAGERSTREATYUNEMPLOYMENTUNIONSURBAN AREASWAGE STRUCTUREWARWARS10.1596/1813-9450-7153