Cowell, Frank A - Centre for Analysis of Social Exclusion, LSE - 2015
long-run models of income- and wealth-distribution Piketty (2014) draws on a rich economic analysis that models the intra …- and inter-generational processes that underlie the development of the wealth distribution. These processes inevitably …-run analysis of policy should not presume that there is an inherent tendency for the wealth distribution to approach equilibrium. …