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- W823023491 abstract "We introduce a survival contest with lethal violence into a simple overlapping generations model with production and characterize how such violence interacts with capital along the equilibrium path. We find that shocks to economic fundamentals can have a variety of effects on the steady state levels of capital and violence, thus, explaining observed variation in development-violence outcomes. We also show that violence and capital are always negatively related along the adjustment path to steady state. JEL Classification: D90, D74, O11, O40, C72" @default.
- W823023491 created "2016-06-24" @default.
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- W823023491 date "2007-01-01" @default.
- W823023491 modified "2023-09-27" @default.
- W823023491 title "Violence and Capital" @default.
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