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Memorandum, Department of Economics, University of Oslo >
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http://hdl.handle.net/10419/47275
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| DC Field | | Value | | Language |
| dc.contributor.author | | Modalsli, Jørgen Heibø | | en_US |
| dc.date.accessioned | | 2011-07-01T08:42:21Z | | - |
| dc.date.available | | 2011-07-01T08:42:21Z | | - |
| dc.date.issued | | 2011 | | en_US |
| dc.identifier.uri | | http://hdl.handle.net/10419/47275 | | - |
| dc.description.abstract | | Income distribution data from before the Industrial Revolution usually comes in the shape of social tables: inventories of a range of social groups and their mean incomes. These are frequently reported without adjusting for within-group income dispersion, leading to a systematic downward bias in the reporting of pre-industrial inequality. This paper suggests a correction method, and applies it to an existing collection of twenty-five social tables, from Rome in AD 1 to India in 1947. The corrections, using a variety of assumptions on within-group dispersion, lead to substantial increases in the Gini coeffcients. Combining the inequality levels with data on GDP, a robust positive relationship between income inequality and economic growth is confirmed. This supports earlier proposals, based on fewer data points, of a 'super Kuznets curve' of increasing inequality over the entire pre-industrial period. | | en_US |
| dc.language.iso | | eng | | en_US |
| dc.publisher | | Dep. of Economics, Univ. of Oslo Oslo | | en_US |
| dc.relation.ispartofseries | | Memorandum // Department of Economics, University of Oslo 2011,11 | | en_US |
| dc.subject.jel | | D31 | | en_US |
| dc.subject.jel | | N30 | | en_US |
| dc.subject.jel | | O11 | | en_US |
| dc.subject.jel | | C65 | | en_US |
| dc.subject.ddc | | 330 | | en_US |
| dc.subject.keyword | | Pre-industrial inequality | | en_US |
| dc.subject.keyword | | social tables | | en_US |
| dc.subject.keyword | | Kuznets curve | | en_US |
| dc.subject.keyword | | history | | en_US |
| dc.title | | Inequality and growth in the very long run: Inferring inequality from data on social groups | | en_US |
| dc.type | | Working Paper | | en_US |
| dc.identifier.ppn | | 655556168 | | en_US |
| dc.rights | | http://www.econstor.eu/dspace/Nutzungsbedingungen | | en_US |
| Appears in Collections: | | Memorandum, Department of Economics, University of Oslo
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