Arbeitspapier
Comparing Income and Wealth Inequality in Pre-Industrial Economies: Lessons from 18th-Century Spain
Most research on the history of inequality in pre-industrial economies has focused on either wealth or income. Characterizing the distribution of wealth (resp., income) is problematic owing to insufficient information about the distribution's low (resp., high) end. Because the sources and methodologies differ between these two approaches, their results are not readily comparable and it is difficult to establish links between the respective distributions that result. In this paper, we shall use a unique data set for different regions of Spain circa 1750 and present results - the first for any pre-20thcentury economy - on both income and wealth distributions for the same sample of households. Information on wealth and income is derived from (respectively) probate inventories and the Ensenada Cadastre. Our main findings are that poor households are not entirely absent from the data set of inventories, that a household's position in the income distribution is strongly correlated with its position in the wealth distribution, and that increases in a household's wealth are associated with less thanproportional increases in its income.
- Sprache
-
Englisch
- Erschienen in
-
Series: EHES Working Papers in Economic History ; No. 95
- Klassifikation
-
Wirtschaft
Personal Income, Wealth, and Their Distributions
Economic History: Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy: Europe: Pre-1913
Economic Development: Human Resources; Human Development; Income Distribution; Migration
- Thema
-
inequality
income
wealth
Spain
probate inventories
Ensenada Cadastre
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Nicolini, Esteban A.
Palencia, Fernando Ramos
- Ereignis
-
Veröffentlichung
- (wer)
-
European Historical Economics Society (EHES)
- (wo)
-
s.l.
- (wann)
-
2016
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Nicolini, Esteban A.
- Palencia, Fernando Ramos
- European Historical Economics Society (EHES)
Entstanden
- 2016
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