Reexamining the distribution of wealth in 1870
By: Joshua L. Rosenbloom, Gregory W. Stutes.
Contributors: Stutes, Gregory W.; National Bureau of Economic Research.
Series: NBER working paper series ;; working paper 11482; Working paper series (National Bureau of Economic Research : Online) ;; working paper no. 11482.
Publisher: National Bureau of Economic Research
Published: 2005
Place of publication: Cambridge, MA
Language: eng
Format: Electronic resource
Subjects: Wealth -- United States -- History -- 19th century.; Income distribution -- United States -- History -- 19th century.; Property -- United States -- History -- 19th century.; Industrial revolution -- United States.
Description: "This paper uses data on real and personal property ownership collected in the 1870 Federal Census to explore factors influencing individual wealth accumulation and the aggregate distribution of wealth in the United States near the middle of the nineteenth century.  Previous analyses of these data have relied on relatively small samples, or focused on population subgroups.  By using the much larger sample available in the Integrated Public Use Microdata Series (IPUMS) we are able to disaggregate the data much more finely than has previously been possible allowing us to explore differences in inequality across space and between different population groups.  The data provide strong support for the hypothesis that American industrialization during the nineteenth century resulted in increasing inequality in the distribution of wealth"--National Bureau of Economic Research web site.
Notes: Includes bibliographical references.
Title from PDF file as viewed on 7/13/2005.
Also available in print.
System requirements: Adobe Acrobat Reader.
Mode of access: World Wide Web.