Abstract
State-level estimates of income shares for the top one and five percent of the population are presented for 1929, 1933, and 1939. Significant cross-sectional variation is found in 1929, but the range narrows as the shares fall dramatically to 1933. Analysis indicates that property incomes influence the shares but provides little evidence of a tradeoff between per capita income and inequality as measured by the shares.
Original language | English (US) |
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Pages (from-to) | 217-230 |
Number of pages | 14 |
Journal | The Journal of Economic History |
Volume | 43 |
Issue number | 1 |
DOIs | |
State | Published - Mar 1983 |
Externally published | Yes |
ASJC Scopus subject areas
- History
- Economics and Econometrics
- Economics, Econometrics and Finance (miscellaneous)