Inequality in pre-industrial Europe (1260-1850): new evidence from the labour share
Giovanni Federico (giovanni.federico@unipi.it),
Alessandro Nuvolari and
Michelangelo Vasta
Department of Economics University of Siena from Department of Economics, University of Siena
Abstract:
The dynamics of economic inequality and its relation with economic growth in the preindustrial world is increasingly attracting the attention of both economic historians and economists. This paper introduces new estimates of the labour share in five major European countries (England, France, Holland, Spain and Portugal) for the period 1250-1850 constructed using an innovative method based on the conversion of real wages in 2011 PPP US$. We find a complex pattern of evolution of the labour share with major fluctuations. We also establish a negative correlation between variations of GDP and variations in the labour share
JEL-codes: N01 N33 (search for similar items in EconPapers)
Date: 2020-07
New Economics Papers: this item is included in nep-gro and nep-his
References: Add references at CitEc
Citations:
Downloads: (external link)
http://repec.deps.unisi.it/quaderni/835.pdf (application/pdf)
Related works:
Journal Article: Inequality in Pre‐Industrial Europe (1260–1850): New Evidence From the Labor Share (2023) 
Working Paper: Inequality in Pre-Industrial Europe (1260-1850): New Evidence from the Labour Share (2020) 
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:usi:wpaper:835
Access Statistics for this paper
More papers in Department of Economics University of Siena from Department of Economics, University of Siena Contact information at EDIRC.
Bibliographic data for series maintained by Fabrizio Becatti (fabrizio.becatti@unisi.it).