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In this article I review the current state of our knowledge of what factors account for labor income and wealth inequality among households. In particular, I stress that shocks to labor incomes suffice to generate observable differences between the wealth of the households. (Copyright: Fundación Empresa Pública)

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Article provided by Fundación SEPI in its journal Investigaciones Economicas.

Volume (Year): 26 (2002)
Issue (Month): 2 (May)
Pages: 221-254

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Handle: RePEc:iec:inveco:v:26:y:2002:i:2:p:221-254
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