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The Myth of Dynastic Wealth: The Rich Get Poorer

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  • Robert Arnott
  • William Bernstein
  • Lillian Wu

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Suggested Citation

  • Robert Arnott & William Bernstein & Lillian Wu, 2015. "The Myth of Dynastic Wealth: The Rich Get Poorer," Cato Journal, Cato Journal, Cato Institute, vol. 35(3), pages 447-485, Fall.
    • Handle: RePEc:cto:journl:v:35:y:2015:i:3:p:447-485
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    File URL: http://object.cato.org/sites/cato.org/files/serials/files/cato-journal/2015/9/cj-v35n3-1_0.pdf
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    References listed on IDEAS

    as
    1. Marianne Bertrand & Sendhil Mullainathan, 2001. "Are CEOs Rewarded for Luck? The Ones Without Principals Are," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 116(3), pages 901-932.
    2. Daron Acemoglu & James A. Robinson, 2015. "The Rise and Decline of General Laws of Capitalism," Journal of Economic Perspectives, American Economic Association, vol. 29(1), pages 3-28, Winter.
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    Cited by:

    1. Marisa Civardi & Renata Targetti Lenti, 2018. "Can the link between functional and personal income distribution enhance the analysis of inequality?," International Review of Economics, Springer;Happiness Economics and Interpersonal Relations (HEIRS), vol. 65(2), pages 137-156, June.
    2. Fernholz, Ricardo T. & Hagler, Kara, 2023. "Rising inequality and declining mobility in the Forbes 400," Economics Letters, Elsevier, vol. 230(C).
    3. repec:cdl:ucscec:qt1n6957hk is not listed on IDEAS
    4. Korom, Philipp & Lutter, Mark & Beckert, Jens, 2015. "The enduring importance of family wealth: Evidence from the Forbes 400, 1982 to 2013," MPIfG Discussion Paper 15/8, Max Planck Institute for the Study of Societies.

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    More about this item

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

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