Albers, Thilo N. H.; Bartels, Charlotte; Schularick, Moritz - 2020
This paper presents the first comprehensive study of the long-run evolution of wealth inequality in Germany. We combine … tax data, surveys, national accounts and rich lists to study the distribution of wealth in Germany from 1895 to 2018. We … show that the concentration of wealth in the hands of the top 1% has fallen by half,from close to 50% in 1895 to less than …