Erschienen:
Cambridge, Mass: National Bureau of Economic Research, July 2011
Erschienen in:NBER working paper series ; no. w17211
Umfang:
1 Online-Ressource
Sprache:
Englisch
DOI:
10.3386/w17211
Identifikator:
Reproduktionsnotiz:
Hardcopy version available to institutional subscribers
Entstehung:
Anmerkungen:
Mode of access: World Wide Web
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Beschreibung:
Building social tables in the tradition of Gregory King, we develop new estimates suggesting that between 1774 and 1800 American incomes fell in real per capita terms. The colonial South was richer than the North at the start, but was already beginning to lose its income lead by 1800. We also find that free American colonists had much more equal incomes than did households in England and Wales. The colonists also had greater purchasing power than their English counterparts over all of the income ranks except in the top few percent