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A temporal analysis of wealth in eighteenth-century Ottoman Kastamonu

Author

Listed:
  • Metin M. Cosgel

    (University of Connecticut)

  • Bogac A. Ergene

    (University of Vermont)

  • Atabey Kaygun

    (Bahcesehir University)

Abstract

This 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.

Suggested Citation

  • Metin M. Cosgel & Bogac A. Ergene & Atabey Kaygun, 2013. "A temporal analysis of wealth in eighteenth-century Ottoman Kastamonu," Working papers 2013-03, University of Connecticut, Department of Economics, revised Mar 2013.
  • Handle: RePEc:uct:uconnp:2013-03
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    Citations

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    Cited by:

    1. Esteban Nicolini & Fernando Ramos Palencia, 2016. "Comparing Income and Wealth Inequality in Pre-Industrial economies. Lessons from Spain in the 18th century," Working Papers 16.01, Universidad Pablo de Olavide, Department of Economics, Quantitative Methods and Economic History.
    2. Esteban A. Nicolini & Fernando Ramos Palencia, 2016. "Comparing Income and Wealth Inequality in Pre-Industrial Economies: Lessons from 18th-Century Spain," Working Papers 0095, European Historical Economics Society (EHES).

    More about this item

    Keywords

    wealth; inequality; war; weather; Ottoman Empire;

    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, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East

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