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dc.contributor.authorModalsli, Jørgen Heibøen_US
dc.date.accessioned2011-07-01T08:42:21Z-
dc.date.available2011-07-01T08:42:21Z-
dc.date.issued2011en_US
dc.identifier.urihttp://hdl.handle.net/10419/47275-
dc.description.abstractIncome 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.isoengen_US
dc.publisherDep. of Economics, Univ. of Oslo Osloen_US
dc.relation.ispartofseriesMemorandum // Department of Economics, University of Oslo 2011,11en_US
dc.subject.jelD31en_US
dc.subject.jelN30en_US
dc.subject.jelO11en_US
dc.subject.jelC65en_US
dc.subject.ddc330en_US
dc.subject.keywordPre-industrial inequalityen_US
dc.subject.keywordsocial tablesen_US
dc.subject.keywordKuznets curveen_US
dc.subject.keywordhistoryen_US
dc.titleInequality and growth in the very long run: Inferring inequality from data on social groupsen_US
dc.typeWorking Paperen_US
dc.identifier.ppn655556168en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:Memorandum, Department of Economics, University of Oslo

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