Greenwood, Jeremy; Guner, Nezih; Knowles, John - University of Rochester - Center for Economic Research … - 2002
According to Pareto (1896), the distribution of income depends on ``the nature of the people comprising a society, on the organization of the latter, and, also, in part, on chance.'' In the model developed here the ``nature of the people'' is captured by attitudes toward marriage, divorce,...
