Replication: What Happened to the Incomes of the Rich during the Great Levelling? Evidence from Swedish Individual-level Data, 1909–1950
Principal Investigator(s): View help for Principal Investigator(s) Erik Bengtsson, Department of Economic History, Lund University; Jakob Molinder, Department of Economic History, Uppsala University
Version: View help for Version V1
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Project Citation:
Bengtsson, Erik, and Molinder, Jakob. Replication: What Happened to the Incomes of the Rich during the Great Levelling? Evidence from Swedish Individual-level Data, 1909–1950. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2023-09-20. https://doi.org/10.3886/E193925V1
Project Description
Summary:
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We use individual-level income data, from archived taxation lists, to
study top-income earners in Sweden from 1909 to 1950. Using
information on 21,055 individual tax-payers in two elite areas in greater
Stockholm, we show that top incomes fell in real terms over this period,
at a stable pace without obvious connection to the Depression or the
World Wars. The peak of inequality was related to the early stages of a
Only
globalized economy with Schumpeterian entrepreneurial profits; the decline was related to sharpened competition, driving down profits, as well as increased regulation, expansion of education, and eroded position of professionals.
globalized economy with Schumpeterian entrepreneurial profits; the decline was related to sharpened competition, driving down profits, as well as increased regulation, expansion of education, and eroded position of professionals.
Funding Sources:
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Swedish Research Council (2018-01853);
Jan Wallanders och Tom Hedelius stiftelse (P18-0197)
Scope of Project
Subject Terms:
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incomes;
inequality
Geographic Coverage:
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Sweden
Time Period(s):
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1909 – 1950
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