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The Rich in Argentina over the twentieth century: From the Conservative Republic to the Peronist experience and beyond 1932-2004

Author

Listed:
  • Facundo Alvaredo

    (PSE - Paris School of Economics - UP1 - Université Paris 1 Panthéon-Sorbonne - ENS-PSL - École normale supérieure - Paris - PSL - Université Paris Sciences et Lettres - EHESS - École des hautes études en sciences sociales - ENPC - École nationale des ponts et chaussées - CNRS - Centre National de la Recherche Scientifique - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement, PJSE - Paris-Jourdan Sciences Economiques - ENS-PSL - École normale supérieure - Paris - PSL - Université Paris Sciences et Lettres - EHESS - École des hautes études en sciences sociales - ENPC - École nationale des ponts et chaussées - CNRS - Centre National de la Recherche Scientifique)

Abstract

This paper presents series on top shares of income in Argentina from 1932 to 2004 based on personal income tax return statistics. Our results suggest that income concentration was higher during the 1930s and the first half of the 1940s than it is today. The recovery of the economy after the Great Depression, favored by the international trade conditions during and after the Second World War, and the visible effects of the peronist policy between 1945 and 1955 generated an inverted U shape in the dynamics of top shares. The peronist redistributive policy, successful and visible, seemed to have proved limited when compared with the central economies. Since then, and after a new upward movement between 1955 and 1959, the top shares seem to have described the U-shape pattern found in the developed English-speaking economies. The levels of concentration in 1953 were very similar to those found in 1997.

Suggested Citation

  • Facundo Alvaredo, 2007. "The Rich in Argentina over the twentieth century: From the Conservative Republic to the Peronist experience and beyond 1932-2004," PSE Working Papers halshs-00588318, HAL.
    • Handle: RePEc:hal:psewpa:halshs-00588318
    Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-00588318v1
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    References listed on IDEAS

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    1. Gonzalez-Rozada, Martin & Menendez, Alicia, 2006. "Why Have Urban Poverty and Income Inequality Increased So Much? Argentina, 1991-2001," Economic Development and Cultural Change, University of Chicago Press, vol. 55(1), pages 109-138, October.
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    5. Emmanuel Saez, 2004. "Reported Incomes and Marginal Tax Rates, 1960–2000: Evidence and Policy Implications," NBER Chapters, in: Tax Policy and the Economy, Volume 18, pages 117-174, National Bureau of Economic Research, Inc.
    6. Gerardo della Paolera & Alan M. Taylor, 2001. "Straining at the Anchor: The Argentine Currency Board and the Search for Macroeconomic Stability, 1880-1935," NBER Books, National Bureau of Economic Research, Inc, number paol01-1.
    7. Engel, Eduardo M. R. A. & Galetovic, Alexander & Raddatz, Claudio E., 1999. "Taxes and income distribution in Chile: some unpleasant redistributive arithmetic," Journal of Development Economics, Elsevier, vol. 59(1), pages 155-192, June.
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    10. Martín González-Rozada & Alicia Menendez, 2006. "Why Have Urban Poverty and Income Inequality Increased So Much? Argentina, 1991–2001," Economic Development and Cultural Change, University of Chicago Press, vol. 55, pages 109-138.
    11. Atkinson, A. B. & Piketty, Thomas (ed.), 2007. "Top Incomes Over the Twentieth Century: A Contrast Between Continental European and English-Speaking Countries," OUP Catalogue, Oxford University Press, number 9780199286881.
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