Scandinavian Working Papers in Economics

Working Paper Series,
Research Institute of Industrial Economics

No 699: Long-Run Changes in the Concentration of Wealth: An Overview of Recent Findings

Daniel Waldenström (), Henry Ohlsson () and Jesper Roine ()
Additional contact information
Daniel Waldenström: Research Institute of Industrial Economics, Postal: P.O. Box 55665, SE-102 15 Stockholm, Sweden
Henry Ohlsson: Department of Economics, Postal: Uppsala University, P.O. Box 513, SE-751 20 Uppsala, Sweden
Jesper Roine: Department of Economics, Postal: Stockholm School of Economics, P.O. Box 6501, SE-113 83 Stockholm, Sweden

Abstract: The objective of this paper is to study the dynamics of the wealth distribution over the path of economic development. More specifically, we are interested in distinguishing between changes which seem to be country specific and characteristics shared by all countries. A historical account of the evolution of the wealth distribution in developed countries is interesting in itself, but it can also hold implications for countries that are currently in an early stage of development or in transition. The data used originates from the taxation of wealth and estates.

Keywords: Wealth Concentration; Inequality; Income Distribution; Wealth Distribution; Sweden

JEL-codes: D31; H20; J30; N30

37 pages, February 22, 2007

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