Before revision: We discuss a statistical model of evolution of wealth distribution , growing inequality and economic stratification in macro-economic scale. Evolution is driven by multiplicative stochastic fluctuations governed by the law of proportionate growth as well as by direct interactions between individuals and interactions between the private and public sectors.
After revision: We discuss a statistical model of evolution of wealth distribution , growing inequality and economic stratification in macro-economic system. The evolution is driven by multiplicative stochastic fluctuations governed by the law of proportionate growth as well as by direct interactions between individuals and interactions between the private and public sectors.