Question: Consider the classic Becker, Tomes (1979) framework. If all generation-0 families are identical at an initial moment of time t0 (they have the same resources,

Consider the classic Becker, Tomes (1979) framework. If all generation-0 families are identical at an initial moment of time t0 (they have the same resources, they have the same preferences for the income of children relative to own consumption etc.), will incomes be equally distributed across the generation-T families, where T is greater than t0?

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