American Indian Wealth in the Early Twentieth Century

Donna Feir, Maggie Jones and Angela Redish

AEA Papers and Proceedings, 2024, vol. 114, 210-14

Abstract: We use data from the Bureau of Indian Affairs annual reports between 1912 and 1927 to examine the wealth of Indigenous nations in the contiguous United States during the early twentieth century. Our estimates reveal considerable heterogeneity in wealth holdings across Indigenous nations. In 1912, the average real per capita wealth of Indigenous nations was high relative to other groups, but it declined systematically throughout the period of our study. Given the available contemporary evidence, our estimates imply a dramatic widening of the wealth gap over the last century.

JEL-codes: D31 G51 J15 N32 (search for similar items in EconPapers)
Date: 2024
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DOI: 10.1257/pandp.20241110

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