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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Volume (Year): 43 (1983) Issue (Month): 01 (March) Pages: 217-230 Download reference. The following formats are available: HTML
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