Abstract
I utilize data from the Civil War income tax to calculate the income shares of the top 1 and 0.1 percent of the population in the United States in the late 1860s - extending Thomas Piketty and Emmanuel Saez's series back in time. As we will see, income inequality during this period represents a low comparable to the late 1970s.
Original language | English |
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Pages (from-to) | 889-900 |
Number of pages | 12 |
Journal | Journal of Economic History |
Volume | 75 |
Issue number | 3 |
DOIs | |
Publication status | Published - Aug 27 2015 |
Externally published | Yes |
ASJC Scopus subject areas
- History
- Economics, Econometrics and Finance (miscellaneous)
- Economics and Econometrics