Long-run evolution of income inequality in the Nordic countries
(2023) In Scandinavian Economic History Review- Abstract
- This paper surveys Nordic historic studies on the distribution of income to highlight similarities and differences between Denmark, Finland, Norway, and Sweden in the evolution of income concentration and income inequality over more than 140 years. Our descriptive analysis allows for a decomposition where we identify the contribution of the income share of the richest 1 per cent and the distribution of income among the other 99 per cent to overall inequality as measured by the Gini coefficient. The results show that the evolution of income concentration and inequality can be characterised by episodes rather than by secular cycles, which means that the evolution can neither be summarised by Kuznets’ inverse U nor by a U. The evidence on the... (More)
- This paper surveys Nordic historic studies on the distribution of income to highlight similarities and differences between Denmark, Finland, Norway, and Sweden in the evolution of income concentration and income inequality over more than 140 years. Our descriptive analysis allows for a decomposition where we identify the contribution of the income share of the richest 1 per cent and the distribution of income among the other 99 per cent to overall inequality as measured by the Gini coefficient. The results show that the evolution of income concentration and inequality can be characterised by episodes rather than by secular cycles, which means that the evolution can neither be summarised by Kuznets’ inverse U nor by a U. The evidence on the role played by the share of the top 1 per cent for overall income inequality shows to be mixed and to vary across time and countries. (Less)
- Abstract (Swedish)
- This paper surveys Nordic historic studies on the distribution of income to highlight similarities and differences between Denmark, Finland, Norway, and Sweden in the evolution of income concentration and income inequality over more than 140 years. Our descriptive analysis allows for a decomposition where we identify the contribution of the income share of the richest 1 per cent and the distribution of income among the other 99 per cent to overall inequality as measured by the Gini coefficient. The results show that the evolution of income concentration and inequality can be characterised by episodes rather than by secular cycles, which means that the evolution can neither be summarised by Kuznets’ inverse U nor by a U. The evidence on the... (More)
- This paper surveys Nordic historic studies on the distribution of income to highlight similarities and differences between Denmark, Finland, Norway, and Sweden in the evolution of income concentration and income inequality over more than 140 years. Our descriptive analysis allows for a decomposition where we identify the contribution of the income share of the richest 1 per cent and the distribution of income among the other 99 per cent to overall inequality as measured by the Gini coefficient. The results show that the evolution of income concentration and inequality can be characterised by episodes rather than by secular cycles, which means that the evolution can neither be summarised by Kuznets’ inverse U nor by a U. The evidence on the role played by the share of the top 1 per cent for overall income inequality shows to be mixed and to vary across time and countries. (Less)
Please use this url to cite or link to this publication:
https://lup.lub.lu.se/record/0e9ece3d-1d24-429d-8ae2-12f826d2370c
- author
- Aaberge, Rolf and Bengtsson, Erik LU
- organization
- publishing date
- 2023-10-26
- type
- Contribution to journal
- publication status
- epub
- subject
- keywords
- inequality, incomes, Scandinavia, D31, N33, N34, Inequality, incomes, Scandinavia
- in
- Scandinavian Economic History Review
- publisher
- Routledge
- external identifiers
-
- scopus:85174959182
- ISSN
- 0358-5522
- DOI
- 10.1080/03585522.2023.2268624
- project
- The Swedish Transition to Equality: Income Inequality with New Micro Data, 1862–1970
- language
- English
- LU publication?
- yes
- id
- 0e9ece3d-1d24-429d-8ae2-12f826d2370c
- date added to LUP
- 2023-11-10 18:30:33
- date last changed
- 2023-11-13 09:30:39
@article{0e9ece3d-1d24-429d-8ae2-12f826d2370c,
abstract = {{This paper surveys Nordic historic studies on the distribution of income to highlight similarities and differences between Denmark, Finland, Norway, and Sweden in the evolution of income concentration and income inequality over more than 140 years. Our descriptive analysis allows for a decomposition where we identify the contribution of the income share of the richest 1 per cent and the distribution of income among the other 99 per cent to overall inequality as measured by the Gini coefficient. The results show that the evolution of income concentration and inequality can be characterised by episodes rather than by secular cycles, which means that the evolution can neither be summarised by Kuznets’ inverse U nor by a U. The evidence on the role played by the share of the top 1 per cent for overall income inequality shows to be mixed and to vary across time and countries.}},
author = {{Aaberge, Rolf and Bengtsson, Erik}},
issn = {{0358-5522}},
keywords = {{inequality; incomes; Scandinavia; D31; N33; N34; Inequality; incomes; Scandinavia}},
language = {{eng}},
month = {{10}},
publisher = {{Routledge}},
series = {{Scandinavian Economic History Review}},
title = {{Long-run evolution of income inequality in the Nordic countries}},
url = {{http://dx.doi.org/10.1080/03585522.2023.2268624}},
doi = {{10.1080/03585522.2023.2268624}},
year = {{2023}},
}