Hufe, Paul; Peichl, Andreas; Roemer, John E.; Ungerer, … - 2015
Many studies have estimated the effect of circumstances on income acquisition. Perhaps surprisingly, the fraction of … inequality attributable to circumstances is usually quite small - in the advanced democracies, on the order of 20%. One reason … accomplishments of children should be considered the consequence of circumstances: That is, an individual should not be considered to …