@article{THESIS,
      recid = {7193},
      author = {Davalos Arias, German Ignacio},
      title = {Democracy and Equality in Latin America: Elite-captured  systems and Multidimensional Inequalities},
      publisher = {University of Chicago},
      school = {M.A.},
      address = {2023-08},
      number = {THESIS},
      abstract = {Despite the intuitive theoretical relationship suggested  by the standard (Meltzer & Richard, 1981) model, the  empirical results of the vast literature studying the  effects of democracy on redistribution and inequality are  many times ambiguous and don’t point towards a clear  consensus. Acemoglu et al. (2015) developed a unified  framework to capture the more nuanced relationship between  these variables, and to incorporate some of the theoretical  mechanisms proposed by the literature to explain its  ambiguous results. This paper follows this framework, first  validating its results on a reduced sample (Latin American  countries) and extended data; and then expands on it by  first considering a broader conception of inequality —based  on Sen’s (1999) capabilities approach— and then by  exploring the role that “elite-captured” political systems  —operationalized following Albertus & Menaldo (2018)— may  play in explaining the sometimes-contradictory empirical  relationship between democracy and inequality. The results  from this exploratory quantitative analysis provide support  to the hypotheses of both extensions being potentially  relevant for a complete analysis of democracy and  inequality in the Latin American region, and the most  robust findings suggest that elite-power in Latin America  mitigates the inequality-decreasing effects of  democratization.},
      url = {http://knowledge.uchicago.edu/record/7193},
      doi = {https://doi.org/10.6082/uchicago.7193},
}