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The National Wealth of Denmark 1845-2013 in a European Perspective

Author

Listed:
  • Abildgren, Kim

    (Danmarks Nationalbank)

Abstract

This article presents annual estimates on the national wealth of Denmark 1845- 2013 and explores the long-term development of wealth-to-income ratios in two small open Scandinavian economies (Denmark and Sweden) and three large European economies (France, UK and Germany). Denmark seems to have followed the same U-shaped pattern as the larger European economies and had prior to World War I wealth-to-income ratios at the same level as those countries.

Suggested Citation

  • Abildgren, Kim, 2016. "The National Wealth of Denmark 1845-2013 in a European Perspective," Nationaløkonomisk tidsskrift, Nationaløkonomisk Forening, vol. 2016(1), pages 1-19.
    • Handle: RePEc:hhs:jdaecn:0021
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    References listed on IDEAS

    as
    1. Roine, Jesper & Waldenström, Daniel, 2014. "Long-Run Trends in the Distribution of Income and Wealth," Working Paper Series 1021, Research Institute of Industrial Economics.
    2. Henriksen, Ingrid & Lampe, Markus & Sharp, Paul, 2011. "The role of technology and institutions for growth: Danish creameries in the late nineteenth century," European Review of Economic History, Cambridge University Press, vol. 15(3), pages 475-493, December.
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    6. A. B. Atkinson & J. E. Søgaard, 2013. "The long-run history of income inequality in Denmark: Top incomes from 1870 to 2010," EPRU Working Paper Series 2013-01, Economic Policy Research Unit (EPRU), University of Copenhagen. Department of Economics.
    7. Facundo Alvaredo & Anthony B. Atkinson & Thomas Piketty & Emmanuel Saez, 2013. "The Top 1 Percent in International and Historical Perspective," Journal of Economic Perspectives, American Economic Association, vol. 27(3), pages 3-20, Summer.
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    13. Ingrid Henriksen & Kevin H. O'Rourke, 2005. "Incentives, technology and the shift to year‐round dairying in late nineteenth‐century Denmark," Economic History Review, Economic History Society, vol. 58(3), pages 520-554, August.
    14. Abildgren, Kim, 2009. "Credit Dynamics in Denmark since World War II," Nationaløkonomisk tidsskrift, Nationaløkonomisk Forening, vol. 2009(1), pages 89-119.
    15. Paul Sharp & Ingrid Henriksen & Markus Lampe, 2011. "The role of technology and institutions for growth: Danish creameries in the late-19th century," Working Papers 11028, Economic History Society.
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    Cited by:

    1. Thomas Hauner, 2020. "Aggregate wealth and its distribution as determinants of financial crises," The Journal of Economic Inequality, Springer;Society for the Study of Economic Inequality, vol. 18(3), pages 319-338, September.

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    More about this item

    Keywords

    National wealth; Economic history;

    JEL classification:

    • E01 - Macroeconomics and Monetary Economics - - General - - - Measurement and Data on National Income and Product Accounts and Wealth; Environmental Accounts
    • N33 - Economic History - - Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy - - - Europe: Pre-1913
    • N34 - Economic History - - Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy - - - Europe: 1913-

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