Cowell Frank A
STICERD, London School of Economics and Political Science.
Br J Sociol. 2014 Dec;65(4):708-20. doi: 10.1111/1468-4446.12108.
I examine the idea of 'the long run' in Piketty (2014) and related works. In contrast to simplistic interpretations of long-run models of income- and wealth-distribution Piketty (2014) draws on a rich economic analysis that models the intra- and inter-generational processes that underly the development of the wealth distribution. These processes inevitably involve both market and non-market mechanisms. To understand this approach, and to isolate the impact of different social and economic factors on inequality in the long run, we use the concept of an equilibrium distribution. However the long-run analysis of policy should not presume that there is an inherent tendency for the wealth distribution to approach equilibrium.
我研究了皮凯蒂（2014年）及相关著作中“长期”的概念。与对收入和财富分配长期模型的简单化解释不同，皮凯蒂（2014年）运用了丰富的经济分析，对构成财富分配发展基础的代内和代际过程进行建模。这些过程不可避免地涉及市场和非市场机制。为理解这种方法，并从长期角度分离不同社会和经济因素对不平等的影响，我们使用均衡分配的概念。然而，对政策的长期分析不应假定财富分配存在趋向均衡的内在趋势。
