Chapter Economic inequality in Germany, 1500-1800

The chapter reviews existing evidence regarding four aspects of economic inequality: relative factor rents, which relate to the factorial distribution of income and also underlie the so-called Williamson index (y/wus), which is correlated with the Gini index of household income; real inequality in t...

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Bibliografiske detaljer
Hovedforfatter: Pfister, Ulrich (auth)
Format: Electronisk Book Chapter
Sprog:engelsk
Udgivet: Florence Firenze University Press 2020
Serier:Datini Studies in Economic History 1
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Summary:The chapter reviews existing evidence regarding four aspects of economic inequality: relative factor rents, which relate to the factorial distribution of income and also underlie the so-called Williamson index (y/wus), which is correlated with the Gini index of household income; real inequality in terms of opposite movements of the price of consumer baskets consumed by different strata of society; the inequality of pay according to gender and skill, as well as between town and countryside; and wealth inequality, particularly with respect to the access to land. The main result is that, with given technology and agrarian institutions, there is a positive correlation between population and inequality.
Fysisk beskrivelse:1 electronic resource (24 p.)
ISBN:978-88-5518-053-5.20
9788855180535
Adgang:Open Access