Читать книгу Wealth - Yuval Elmelech - Страница 32

A revised life-course model of wealth accumulation—one that addresses the changing patterns of family transfers and the role of markets in economically advanced societies—provides a helpful explanation for wealth mobility in aging societies but does not explicitly address the question of inequality. However, wealth’s cumulative nature means that it is not difficult to envision how systematic disparities in access to family transfers (endowments) or to favorable market transactions would result in growing inequality.