The Distribution of Income in the Great Depression: Preliminary State Estimates

Mark Schmitz; Price V. Fishback

doi:10.1017/S002205070002920X

The Distribution of Income in the Great Depression: Preliminary State Estimates

Mark Schmitz, Price V. Fishback

Research output: Contribution to journal › Article › peer-review

7 Scopus citations

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)
Pages (from-to)	217-230
Number of pages	14
Journal	The Journal of Economic History
Volume	43
Issue number	1
DOIs	https://doi.org/10.1017/S002205070002920X
State	Published - Mar 1983
Externally published	Yes

ASJC Scopus subject areas

History
Economics and Econometrics
Economics, Econometrics and Finance (miscellaneous)

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10.1017/S002205070002920X

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title = "The Distribution of Income in the Great Depression: Preliminary State Estimates",

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.",

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AB - 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.

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The Distribution of Income in the Great Depression: Preliminary State Estimates

Abstract

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