In CtherwordS the pure Stochasticity Oftechnical ire£ ciency can be a
condemnation for dynasties who, sooner or later, even ifdescendingfrom a
verye£ cientprogenitor, are trapped in poverty and non-quaii...cation.
CCncluding, the perfectstCchasticity hypCthesis makes ergCdic lCng-run
distributiCnCfwealthand, accCrdingtCtheecCnCmy’sstructuralparameters,
can beeither a way cutcra ccndemnaticn to poverty and ncn-cμali...caticn.
The evClutiCn CfCccupatiCnalstructure, the suppCrtCfthe lCng-run dis-
tributicn, the mean wealth and the G ini ccel cient for each scenario are
summarized in the fcllcwingtable:
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