When people move from one area to another they typically do so in order to raise their incomes. Economists would like to be able to estimate by how much migrants' incomes do in fact increase as a result of their mobility. Comparison of the incomes of migrants with nonmigrants in a cross section...

<DIV>This pioneering volume uses modern statistical and simulation techniques to explain the process of wealth transmission and the persistent problem of the unequal distribution of wealth. These papers reflect a shift from the traditional cross-sectional measurement to an intertemporal focus by...</div>