Top income shares in Portugal over the twentieth century
AbstractThis paper presents new statistical evidence on the long-term evolution of income inequality in Portugal. Portuguese tax sources have been employed to estimate top income shares from 1936 onwards, with the methodology used to derive such inequality measure being taken from Piketty (2001). The new series show a decrease in top income shares during WWII, followed by a recovery up until the early 1950s. From the mid-fifties to the early eighties there was a huge decline in top income shares. Finally, during the 1990s top income shares once again increased. This pattern is very similar to the experience of other countries: the decline of top income shares during the Golden Age has been observed in most other cases, and their increase during the 1990s seems to put Portugal on a par with the experience of Anglo-Saxon countries.
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Bibliographic InfoPaper provided by Universitat de Barcelona. Espai de Recerca en Economia in its series Working Papers in Economics with number 195.
Length: 46 pages
Date of creation: 2008
Date of revision:
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Find related papers by JEL classification:
- H24 - Public Economics - - Taxation, Subsidies, and Revenue - - - Personal Income and Other Nonbusiness Taxes and Subsidies
- O15 - Economic Development, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
- D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
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