PERSONAL SECTOR WEALTH IN THE UNITED KINGDOM, 1920–56

Solomos Solomou and Martin Weale ()

Review of Income and Wealth, 1997, vol. 43, issue 3, 297-318

Abstract: In the United Kingdom there is a wide range of sources which make it possible to construct a series for components of personal wealth for the period 1920–56. The data are consistent with contemporary estimates produced for specific years in the 1920s and 1930s. They indicate that a stock‐market boom and the effects of deflation and low interest rates on the nominal value of the national debt took the wealth/income ratio in the mid‐1930s to a level not seen again until the housing boom of the 1980s.

Date: 1997
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https://doi.org/10.1111/j.1475-4991.1997.tb00221.x

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