Historical perspectives on income distribution: The case of Europe
In: Handbook of Income Distribution
The evolution of income distribution over two centuries is an attractive topic because it allows one to test the inverse U-curve hypothesis using long series instead of cross-section data. In Section 1 the distribution trends in countries where global data are available, is considered, that is in four Scandinavian countries, the Netherlands, the German states and Germany, and in France. The inverse U-curve hypothesis is verified in four of them. Section 2 presents in a consistent framework, using the Theil indicator, all available information on inequality trends between agricultural and nonagricultural sectors and on inequality trends within each sector in European countries. Finally Section 3 throws light on the political and economic factors explaining the long-term evolution of distribution. The economic factors playing a key role are the market structures, the diffusion of education and saving, and dualism.
|This chapter was published in: ||This item is provided by Elsevier in its series Handbook of Income Distribution with number
1-04.||Handle:|| RePEc:eee:incchp:1-04||Contact details of provider:|| Web page: http://www.elsevier.com/wps/find/bookseriesdescription.cws_home/BS_HE/description|
When requesting a correction, please mention this item's handle: RePEc:eee:incchp:1-04. See general information about how to correct material in RePEc.
If references are entirely missing, you can add them using this form.