The Distribution of Income in the Great Depression: Preliminary State Estimates

Mark Schmitz, Price V Fishback

Research output: Contribution to journalArticle

6 Scopus citations

Abstract

State-level estimates of income shares for the top one and five percent of the population are presented for 1929, 1933, and 1939. Significant cross-sectional variation is found in 1929, but the range narrows as the shares fall dramatically to 1933. Analysis indicates that property incomes influence the shares but provides little evidence of a tradeoff between per capita income and inequality as measured by the shares.

Original languageEnglish (US)
Pages (from-to)217-230
Number of pages14
JournalJournal of Economic History
Volume43
Issue number1
DOIs
StatePublished - 1983
Externally publishedYes

ASJC Scopus subject areas

  • History
  • Economics, Econometrics and Finance (miscellaneous)
  • Economics and Econometrics

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