A Kuznets rise and a Piketty fall : income inequality in Finland, 1865–1934

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dc.contributor University of Helsinki, Economic and Social History en
dc.contributor University of Helsinki, Social Science History en
dc.contributor.author Roikonen, Petri Juhani
dc.contributor.author Heikkinen, Sakari
dc.date.accessioned 2020-12-21T15:04:05Z
dc.date.available 2020-12-21T15:04:05Z
dc.date.issued 2020-02
dc.identifier.citation Roikonen , P J & Heikkinen , S 2020 , ' A Kuznets rise and a Piketty fall : income inequality in Finland, 1865–1934 ' , European Review of Economic History , vol. 24 , no. 1 , pp. 46-79 . https://doi.org/10.1093/ereh/hey032 en
dc.identifier.issn 1361-4916
dc.identifier.other PURE: 120364610
dc.identifier.other PURE UUID: 0f661e63-b603-46b0-9f1c-f9a35c1ae678
dc.identifier.other WOS: 000522848600003
dc.identifier.other ORCID: /0000-0001-5502-6273/work/72781969
dc.identifier.uri http://hdl.handle.net/10138/323580
dc.description.abstract This study presents the new Gini coefficient and top income share series for Finland in the years 1865–1934 by utilizing Finnish tax statistics, which provide data on a poor country on the threshold of modern economic growth. Income inequality was relatively moderate in 1865, while famine (1867–1868) decreased it further. Income inequality increased substantially during the late nineteenth century, then declined during WWI and its aftermath, followed by another increase in inequality in the late 1920s that was halted by the Great Depression. The rising level of inequality before WWI fits well with the ideas of the Kuznets curve and maximum inequality, whereas the decline in inequality was due to shocks (e.g., civil war). en
dc.format.extent 34
dc.language.iso eng
dc.relation.ispartof European Review of Economic History
dc.rights en
dc.subject 5202 Economic and Social History en
dc.subject TOP INCOMES en
dc.subject EVOLUTION en
dc.title A Kuznets rise and a Piketty fall : income inequality in Finland, 1865–1934 en
dc.type Article
dc.description.version Peer reviewed
dc.identifier.doi https://doi.org/10.1093/ereh/hey032
dc.type.uri info:eu-repo/semantics/other
dc.type.uri info:eu-repo/semantics/acceptedVersion

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