Background facts / James Piereson -- The broad-based rise in return to top talent / Joshua D. Rauh -- The economic determinants of top income inequality / Charles I. Jones -- Intergenerational mobility and income inequality / Jörg L. Spenkuch -- The effects of redistribution policies on growth...

This book offers a novel perspective that allows to incorporate changing consumption and production structure into models of economic growth. Starting from the empirical observation that income and consumption structure are closely related, it develops a tractable theoretical framework which...