The Microeconomics of Income Distribution Dynamics was written by F.Bourguignon.

Economists have a lot to say about what causes economic growth, but they don’t talk much about distributional growth. Understanding how total income grows and how its distribution behaves over time is what it takes to understand poverty reduction. The Microeconomics of Income Distribution Dynamics in East Asia and Latin America is a new contribution to that process. The changes in poverty and inequality that accompany the process of economic development are the subject of a proposal by the authors. In addition to Indonesia, Malaysia, and China, this approach is applied to four other countries in Latin America.

There is a collection of studies on the dynamics of income inequality. The authors used a simple but powerful empirical methodology to analyze the roles of prices, occupational choice, and educational choice in accounting for household income and its contribution to inequality. It casts doubt on the grand theories of growth and income inequality that have dominated discussions in development economics. It paves the way for a general equilibrium theory of income determination and income inequality. This is a ground-breaking study by an outstanding group of authors. In attempting to disentangle the forces that influence changes in income distribution over time and to assess their quantitative impact within a coherent decomposition framework, the volume sets a new standard for future research on the dynamics of income inequality.