affected by inheritance distribution. The relative attraction derived from inherited wealth and acquired human capital in …As the importance of capital is resurging in rich countries, the dynamics of wealth inequality are being increasingly …, covering both labor income and inheritance. This paper studies the concentration and substitutability of these two traits in …

A key question in social sciences relates to the effect of wealth inequality on economic growth. Yet, in analyzing this … issue, researchers have had to use income as a proxy for wealth. We derive a global measure of wealth inequality from Forbes … political connections in generating wealth, entrepreneurs who did not use such connections, and those who inherited wealth. We …