IDEAS home Printed from https://ideas.repec.org/p/ude/doctra/41.html
   My bibliography  Save this paper

The Political Economy of the Top 1% in an Age of Turbulence: Chile 1913-1973

Author

Listed:
  • Javier Rodríguez Weber

    (Programa de Historia Económica y Social, Facultad de Ciencias Sociales, Universidad de la República)

Abstract

Until recently, most studies on income inequality were very limited in their aim and scope: the period under study was restricted to the recent decades and income inequality was seen as a pure outcome of market forces. Nevertheless, things are changing. This paper is part of the growing literature which aims to study the political economy of income inequality in the long run. Using a new set of estimates on income inequality in Chile, the main task of this paper is to build a historical argumentation which focuses on the vicissitudes of the political economy of the income share of the top 1% between 1913 and 1973, an age of economic and political turbulence.

Suggested Citation

  • Javier Rodríguez Weber, 2015. "The Political Economy of the Top 1% in an Age of Turbulence: Chile 1913-1973," Documentos de trabajo 41, Programa de Historia Económica, FCS, Udelar.
  • Handle: RePEc:ude:doctra:41
    as

    Download full text from publisher

    File URL: http://cienciassociales.edu.uy/unidadmultidisciplinaria/wp-content/uploads/sites/6/2015/09/DT_PNES_No-41-Rodr%C3%ADguez-Weber-The-Political-Economy-of-Top-1-in-Chile.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Lindert, Peter H. & Williamson, Jeffrey G., 2013. "American Incomes Before and After the Revolution," The Journal of Economic History, Cambridge University Press, vol. 73(3), pages 725-765, September.
    2. Kanbur, Ravi, 2000. "Income distribution and development," Handbook of Income Distribution, in: A.B. Atkinson & F. Bourguignon (ed.), Handbook of Income Distribution, edition 1, volume 1, chapter 13, pages 791-841, Elsevier.
    3. Anthony Atkinson & Thomas Piketty, 2010. "Top Incomes : A Global Perspective," PSE-Ecole d'économie de Paris (Postprint) halshs-00754875, HAL.
    4. Thomas Piketty, 2015. "About Capital in the Twenty-First Century," American Economic Review, American Economic Association, vol. 105(5), pages 48-53, May.
    5. Anthony Atkinson & Thomas Piketty, 2007. "Top incomes over the twentieth century: A contrast between continental european and english-speaking countries," Post-Print halshs-00754859, HAL.
    6. Reinsch, Paul S., 1909. "Parliamentary Government in Chile," American Political Science Review, Cambridge University Press, vol. 3(4), pages 507-538, November.
    7. Rosemary Thorp, 1998. "Progress, Poverty and Exclusion: An Economic History of Latin America in the 20th Century," IDB Publications (Books), Inter-American Development Bank, number 79303, February.
    8. Thomas Piketty, 2015. "Putting Distribution Back at the Center of Economics: Reflections on Capital in the Twenty-First Century," Journal of Economic Perspectives, American Economic Association, vol. 29(1), pages 67-88, Winter.
    9. 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.
    10. Bertola, Luis & Ocampo, Jose Antonio, 2012. "The Economic Development of Latin America since Independence," OUP Catalogue, Oxford University Press, number 9780199662142.
    11. Atkinson, A. B. & Piketty, Thomas (ed.), 2010. "Top Incomes: A Global Perspective," OUP Catalogue, Oxford University Press, number 9780199286898.
    12. Jos� Antonio Ocampo & Juliana Vallejo, 2012. "Economic Growth, Equity and Human Development in Latin America," Journal of Human Development and Capabilities, Taylor & Francis Journals, vol. 13(1), pages 107-133, February.
    13. Milanovic, Branko, 2010. "Level of income and income distribution in mid-18th century France, according to Francois Quesnay," MPRA Paper 27692, University Library of Munich, Germany.
    14. Bértola, Luis & Castelnovo, Cecilia & Rodríguez, Javier & Willebald Remedios, Henry Francisco, 2008. "Income distribution in the Latin American Southern Cone during the first globalization boom, ca: 1870-1920," IFCS - Working Papers in Economic History.WH wp08-05, Universidad Carlos III de Madrid. Instituto Figuerola.
    15. Solimano,Andrés, 2012. "Chile and the Neoliberal Trap," Cambridge Books, Cambridge University Press, number 9781107003545.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Javier E. Rodríguez Weber, 2017. "Nuevas estimaciones de distribución del ingreso en Colombia entre 1938 y 1988. Metodología de estimación y principales resultados," Revista Cuadernos de Economia, Universidad Nacional de Colombia, FCE, CID, vol. 36(72), October.
    2. Tuominen Elina, 2016. "Reversal of the Kuznets curve: Study on the inequality–development relation using top income shares data," Working Papers 1610, Tampere University, Faculty of Management and Business, Economics.
    3. Thomas Goda & Santiago Sanchez, 2018. "Market and Disposable Top Income Shares adjusted by National Accounts Data," Journal of Income Distribution, Ad libros publications inc., vol. 26(2), pages 1-22, July.
    4. Pedro H. G. Ferreira de Souza, 2018. "A history of inequality: top incomes in Brazil, 1926–2015," Working Papers 167, International Policy Centre for Inclusive Growth.
    5. Nicolás Oliva & Xavier Jara & Pia Rattenhuber, 2021. "What explains the gender gap in top incomes in developing countries?: Evidence from Ecuador," WIDER Working Paper Series wp-2021-109, World Institute for Development Economic Research (UNU-WIDER).
    6. Lucas Chancel & Thomas Piketty, 2019. "Indian Income Inequality, 1922‐2015: From British Raj to Billionaire Raj?," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 65(S1), pages 33-62, November.
    7. Foellmi, Reto & Martínez, Isabel Z., 2014. "Volatile Top Income Shares in Switzerland? Reassessing the Evolution Between 1981 and 2009," CEPR Discussion Papers 10006, C.E.P.R. Discussion Papers.
    8. Piketty, Thomas & Bozio, Antoine & Garbinti, Bertrand & Goupille-Lebret, Jonathan & Guillot, Malka, 2020. "Predistribution vs. Redistribution: Evidence from France and the U.S," CEPR Discussion Papers 15415, C.E.P.R. Discussion Papers.
    9. Pablo García S. & Camilo Pérez N., 2017. "Desigualdad, inflación, ciclos y crisis en Chile," Estudios de Economia, University of Chile, Department of Economics, vol. 44(2 Year 20), pages 185-221, December.
    10. Advani, Arun, 2021. "Missing Incomes in the UK : Evidence and Policy Implications," The Warwick Economics Research Paper Series (TWERPS) 1364, University of Warwick, Department of Economics.
    11. Thomas Piketty & Emmanuel Saez & Stefanie Stantcheva, 2014. "Optimal Taxation of Top Labor Incomes: A Tale of Three Elasticities," American Economic Journal: Economic Policy, American Economic Association, vol. 6(1), pages 230-271, February.
    12. Bauluz, Luis & Bukowski, Pawel & Fransham, Mark & Lee, Annie Seong & López Forero, Margarita & Novokmet, Filip & Breau, Sébastien & Lee, Neil & Malgouyres, Clément & Schularick, Moritz & Verdugo, Greg, 2023. "Spatial wage inequality in North America and Western Europe: changes between and within local labour markets 1975-2019," LSE Research Online Documents on Economics 121290, London School of Economics and Political Science, LSE Library.
    13. Franciscos Koutentakis & Kostas Chrissis, 2022. "Top Income Shares in Greece From Dictatorship to Crisis: 1967–2017," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 68(3), pages 653-666, September.
    14. Anthony B. Atkinson & Thomas Piketty & Emmanuel Saez, 2011. "Top Incomes in the Long Run of History," Journal of Economic Literature, American Economic Association, vol. 49(1), pages 3-71, March.
    15. Alvaredo, Facundo & Cogneau, Denis & Piketty, Thomas, 2021. "Income inequality under colonial rule. Evidence from French Algeria, Cameroon, Tunisia, and Vietnam and comparisons with British colonies 1920–1960," Journal of Development Economics, Elsevier, vol. 152(C).
    16. Sonali Jain-Chandra & Tidiane Kinda & Kalpana Kochhar & Shi Piao & Johanna Schauer, 2019. "Sharing the Growth Dividend: Analysis of Inequality in Asia," Journal of Banking and Financial Economics, University of Warsaw, Faculty of Management, vol. 2(12), pages 5-28, September.
    17. Thomas Blanchet & Ignacio Flores & Marc Morgan, 2022. "The weight of the rich: improving surveys using tax data," The Journal of Economic Inequality, Springer;Society for the Study of Economic Inequality, vol. 20(1), pages 119-150, March.
    18. Cowell, Frank A., 2014. "Piketty in the long run," LSE Research Online Documents on Economics 65992, London School of Economics and Political Science, LSE Library.
    19. Nicolas Zorn & Olivier Jacques, 2017. "Under the Rising Wave. How Disaggregated Revenue Sources Can Tell Another Story for Québec’s Top Income Share," Journal of Income Distribution, Ad libros publications inc., vol. 25(1), pages 1-25, March.
    20. Aaberge, Rolf & Atkinson, Anthony B. & Modalsli, Jørgen, 2020. "Estimating long-run income inequality from mixed tabular data: Empirical evidence from Norway, 1875–2017," Journal of Public Economics, Elsevier, vol. 187(C).

    More about this item

    Keywords

    Inequality; Top 1%; Chile; Political Economy; Institutions;
    All these keywords.

    JEL classification:

    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
    • N36 - Economic History - - Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy - - - Latin America; Caribbean

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ude:doctra:41. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Andrea Doneschi (email available below). General contact details of provider: https://cienciassociales.edu.uy/unidad-multidisciplinaria/programa-de-historia-economica-y-social/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.