A temporal analysis of wealth in eighteenth-century Ottoman Kastamonu
AbstractThis article studies temporal variations in wealth levels and distribution in an Ottoman context during the eighteenth century. By analysing the probate estate inventories of the Muslim deceased in Kastamonu, located in north-central Anatolia, we demonstrate that real wealth levels generally declined over the course of the century. Our analysis also suggests that the economic conditions of poor men, if not women, deteriorated more so than those of the rich, fuelling growing inequality. The article explores the factors that contributed to these trends and discusses the relevance of our findings for long-term economic development patterns in the region from a comparative perspective.
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Bibliographic InfoPaper provided by University of Connecticut, Department of Economics in its series Working papers with number 2013-03.
Length: 34 pages
Date of creation: Feb 2013
Date of revision: Mar 2013
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wealth; inequality; war; weather; Ottoman Empire;
Find related papers by JEL classification:
- D3 - Microeconomics - - Distribution
- D6 - Microeconomics - - Welfare Economics
- E3 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles
- E6 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook
- I3 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty
- J1 - Labor and Demographic Economics - - Demographic Economics
- N3 - Economic History - - Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy
- N9 - Economic History - - Regional and Urban History
- O53 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East
This paper has been announced in the following NEP Reports:
- NEP-ALL-2013-02-16 (All new papers)
- NEP-ARA-2013-02-16 (MENA - Middle East & North Africa)
- NEP-HIS-2013-02-16 (Business, Economic & Financial History)
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