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We study the dynamics of capital accumulation, income inequality, capital concentration, and voting up to 1914. Based on new panel data for Prussian regions, we re-evaluate the famous Revisionism Debate between orthodox Marxists and their critics. We show that changes in capital accumulation led...
Persistent link: https://www.econbiz.de/10014477385
This paper examines long-term trends in aggregate wealth and inheritance and in their distributions, focusing on developed economies. A key stylized fact is that wealth is less equally distributed than income. Financial assets predominate among the wealthy, while owner-occupied housing is...
Persistent link: https://www.econbiz.de/10015076060
Das individuelle Nettovermögen in Deutschland betrug zum Jahresbeginn 2007 im Durchschnitt rund 88 000 Euro und ist … Sachvermögen. Insgesamt hat die Vermögensungleichheit in Deutschland seit 2002 weiter zugenommen. Im Rahmen dieser Entwicklung …
Persistent link: https://www.econbiz.de/10011601944
Ungleichheit insgesamt ansteige. Dies bedeute jedoch nicht, dass es einer Person, die vorher in Deutschland lebe, schlechter gehe … Markteinkommen in Deutschland in den vergangenen Jahrzehnten drastisch gestiegen ist, da die Kapiteleinkommen stärker gewachsen sind … interessieren, welche Einkommensverteilung der Marktmechanismus generiere. Mario Bossler, Bernd Fitzenberger, Institut für …
Persistent link: https://www.econbiz.de/10012206831
The topic of rising income inequality does not only gain in relevance since the two prominent reports by the OECD (Growing unequal? Income Distribution and Poverty in OECD Countries, Paris 2008; Divided we stand-Why inequality keeps rising, Paris 2011) but rather since the financial crisis. So far...
Persistent link: https://www.econbiz.de/10011526837
In this paper we document inequality trends in wages, hours worked, earnings, consumption, and wealth for Germany from the last twenty years. We generally find that inequality was relatively stable in West Germany until the German unification (which happened politically in 1990 and in our data...
Persistent link: https://www.econbiz.de/10014204389
We study the dynamics of income inequality, capital concentration, and voting outcomes before 1914. Based on new panel data for Prussian counties and districts we re-evaluate the key economic debate between Marxists and their critics before 1914. We show that the increase in inequality was...
Persistent link: https://www.econbiz.de/10012820215
Earlier research on poverty failed to provide us with consistent measures of its prevalence across space and time. This is due to the limitations of the available sources and to the difficulty of applying to them the poverty definitions of modern social science. This article discusses different...
Persistent link: https://www.econbiz.de/10012821150
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...
Persistent link: https://www.econbiz.de/10008932980
Like the other chapters in this volume of the Handbook of Income Distribution (and its predecessor), the aim of this chapter is to provide a comprehensive review of a particular area of research. We examine the literature on post-1970 trends in poverty and income inequality, up to 2010 or 2011...
Persistent link: https://www.econbiz.de/10014025343