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Personal sector wealth in the United Kingdom - 19201956

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  • Dr Martin Weale

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Abstract

In the United Kingdom there is a wide range of sources which make it possible to construct a series for components of personal wealth for the period 19201956. The data are consistent with contemporary estimates produced for specific years in the 1920s and 1930s. They indicate that a stock-market boom and the effects of deflation and low interest rates on the nominal value of the national debt took the wealth/income ratio in the mid1930s to a level not seen again until the housing boom of the 1980s. No PDF version is available. Please contact the NIESR Publications Office to order a free hard copy of this Discussion Paper.

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Bibliographic Info

Paper provided by National Institute of Economic and Social Research in its series NIESR Discussion Papers with number 238.

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Date of creation: Sep 1996
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Handle: RePEc:nsr:niesrd:238

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Cited by:
  1. Ales Bulir & Jaromir Hurnik, 2006. "The Maastricht Inflation Criterion: "Saints" and "Sinners"," Working Papers 2006/8, Czech National Bank, Research Department.

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