"The interaction between the dynamics of economic growth and the
evolution of economic inequality is an important and challenging
problem. Recent advances in macroeconomics of heterogeneous agents
have finally made it possible to investigate this question in a
systematic manner. This timely book offers an excellent first broad
overview in this area. The ideas in the book are so intuitive that
they can be taught to advanced undergraduates. The exposition is so
clear, simple and yet rigorous that the book is useful in a
first-year graduate macro sequence. Its comprehensive coverage
makes it an indispensable source of reference for the researcher in
the field. A great achievement! I wish I had written this
book."--Kiminori Matsuyama, Northwestern University
"Income distribution questions are becoming increasingly
important in modern macroeconomic theory, and they will probably
become even more so as computational techniques are utilized to
move macroeconomics beyond the representative agent paradigm. This
book does a good job in summarizing the current state of the
literature in an interesting and hands-on way."--Alex Michaelides,
London School of Economics
"A well balanced, clearly argued, up-to-date, and informative
account of the subject. The arguments that spin off from this book
will interest not only macroeconomists but also others in the
field."--Frank Cowell, Professor of Economics and Director of
Distributional Analysis Research Programme, London School of
Economics; author of "The Economics of Poverty and Inequality"
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