Kanbur, Ravi; Stiglitz, Joseph E - C.E.P.R. Discussion Papers - 2015
inequality of outcomes in a “snapshot.” Intergenerational mobility and “equality of opportunity”, so the argument goes, is what …One often heard counter to the concern on rising income and wealth inequality is that it is wrong to focus on … matters for normative evaluation. In response to this counter, we ask what pattern of intergenerational mobility leads to …