{"title":"How much more unequal? Consistent estimates of the distribution of wealth in the United States between 1774 and 1860","authors":"Martin Shanahan, Margaret Corell","doi":"10.1016/S0926-6437(99)00013-X","DOIUrl":null,"url":null,"abstract":"<div><p>Current estimates of long trends in the distribution of personal wealth in the United States combine a number of different studies. However, the trend estimates are open to challenge because of differences in methods of estimation between individual studies. In this article, a sample set from the 1860 census is analyzed and the distribution of wealth among different subsets of the population is described. Holding constant the method of estimation, we conclude that the apparent rise in inequality<span> in the United States between 1774 and 1860, as measured using the Gini coefficient, is overstated by .1.</span></p></div>","PeriodicalId":100788,"journal":{"name":"Journal of Income Distribution","volume":"9 1","pages":"Pages 27-37"},"PeriodicalIF":0.0000,"publicationDate":"2000-05-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1016/S0926-6437(99)00013-X","citationCount":"4","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Income Distribution","FirstCategoryId":"1085","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S092664379900013X","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 4
Abstract
Current estimates of long trends in the distribution of personal wealth in the United States combine a number of different studies. However, the trend estimates are open to challenge because of differences in methods of estimation between individual studies. In this article, a sample set from the 1860 census is analyzed and the distribution of wealth among different subsets of the population is described. Holding constant the method of estimation, we conclude that the apparent rise in inequality in the United States between 1774 and 1860, as measured using the Gini coefficient, is overstated by .1.
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