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dc.contributor.authorRoine, Jesperen_US
dc.contributor.authorWaldenström, Danielen_US
dc.date.accessioned2012-03-28T13:09:46Z-
dc.date.available2012-03-28T13:09:46Z-
dc.date.issued2007en_US
dc.identifier.urihttp://hdl.handle.net/10419/56305-
dc.description.abstractWe study the development of wealth concentration in Sweden over 130 years, from the begin-ning of industrialization until present day. Our series are based on a wide array of new evi-dence from estate- and wealth tax data, estimates of foreign and domestic family firm-wealth and of pension and social security wealth. We find that the Swedish wealth concentration was at a historically high level in the agrarian state and that it did not change much during early in-dustrialization. From World War I up until about 1950, the richest percentile lost ground to the rest of the top wealth decile where relatively income rich households accumulated new wealth. In the postwar period, the entire top decile lost out relative to the rest of the population, much due to the spread of owner-occupied housing. Around 1980, wealth compression stopped and inequality increased. We introduce new ways of approximating the effects of international flows and find that the recent increase in Swedish wealth inequality is likely to be larger than what official estimates suggest.en_US
dc.language.isoengen_US
dc.publisherEkonomiska Forskningsinst. Stockholmen_US
dc.relation.ispartofseriesSSE/EFI Working Paper Series in Economics and Finance 677en_US
dc.subject.jelD14en_US
dc.subject.jelD31en_US
dc.subject.jelN33en_US
dc.subject.jelN34en_US
dc.subject.ddc330en_US
dc.subject.keywordWealth concentrationen_US
dc.subject.keywordWealth distributionen_US
dc.subject.keywordInequalityen_US
dc.subject.keywordIncome distributionen_US
dc.subject.keywordSwedenen_US
dc.subject.keywordWelfare stateen_US
dc.subject.keywordPension wealthen_US
dc.subject.keywordAugmented wealthen_US
dc.subject.stwVermögensverteilungen_US
dc.subject.stwEinkommensverteilungen_US
dc.subject.stwAlterssicherungen_US
dc.subject.stwEntwicklungen_US
dc.subject.stwSozialstaaten_US
dc.subject.stwWirtschaftsgeschichteen_US
dc.subject.stwSchwedenen_US
dc.titleWealth concentration over the path of development: Sweden, 1873 - 2005en_US
dc.typeWorking Paperen_US
dc.identifier.ppn549582681en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:SSE/EFI Working Paper Series in Economics and Finance, EFI - The Economic Research Institute, Stockholm School of Economics

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