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

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  • 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
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    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
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    References listed on IDEAS

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    1. 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.
    2. Lindert, Peter H. & Williamson, Jeffrey G., 2013. "American Incomes Before and After the Revolution," The Journal of Economic History, Cambridge University Press, vol. 73(03), pages 725-765, September.
    3. Anthony Atkinson & Thomas Piketty, 2010. "Top Incomes : A Global Perspective," Post-Print halshs-00754875, HAL.
    4. Bertola, Luis & Ocampo, Jose Antonio, 2012. "The Economic Development of Latin America since Independence," OUP Catalogue, Oxford University Press, number 9780199662142.
    5. Thomas Piketty, 2015. "About Capital in the Twenty-First Century," American Economic Review, American Economic Association, vol. 105(5), pages 48-53, May.
    6. repec:cup:apsrev:v:3:y:1909:i:04:p:507-538_00 is not listed on IDEAS
    7. Atkinson, A. B. & Piketty, Thomas (ed.), 2010. "Top Incomes: A Global Perspective," OUP Catalogue, Oxford University Press, number 9780199286898.
    8. José 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.
    9. 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.
    10. Rodríguez, Javier & Willebald Remedios, Henry Francisco & Bértola, Luis & Castelnovo, Cecilia, 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.
    11. Thomas Piketty, 2015. "About Capital in the Twenty-First Century," American Economic Review, American Economic Association, vol. 105(5), pages 48-53, May.
    12. 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.
    13. 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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    More about this item

    Keywords

    Inequality; Top 1%; Chile; Political Economy; Institutions;

    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

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