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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w28230 |
来源ID | Working Paper 28230 |
Long-Term Effects of Equal Sharing: Evidence from Inheritance Rules for Land | |
Charlotte Bartels; Simon Jäger; Natalie Obergruber | |
发表日期 | 2020-12-21 |
出版年 | 2020 |
语种 | 英语 |
摘要 | What are the long-term economic effects of a more equal distribution of wealth? We exploit variation in historical inheritance rules for land traversing political, linguistic, geological, and religious borders in Germany. In some German areas, inherited land was to be shared or divided equally among children, while in others land was ruled to be indivisible. Using a geographic regression discontinuity design, we show that equal division of land led to a more equal distribution of land; other potential drivers of growth are smooth at the boundary and equal division areas were not historically more developed. Today, equal division areas feature higher average incomes and a right-shifted skill, income, and wealth distribution. Higher top incomes and top wealth in equal division areas coincide with higher education, and higher labor productivity. We show evidence consistent with the more even distribution of land leading to more innovative industrial by-employment during Germany’s transition from an agrarian to an industrial economy and, in the long-run, more entrepreneurship. |
主题 | Macroeconomics ; Public Economics ; Taxation ; Labor Economics ; Labor Supply and Demand ; Labor Market Structures ; History ; Macroeconomic History ; Financial History ; Labor and Health History ; Other History ; Development and Growth ; Innovation and R& ; D ; Other ; Economic Systems ; Regional and Urban Economics |
URL | https://www.nber.org/papers/w28230 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/585904 |
推荐引用方式 GB/T 7714 | Charlotte Bartels,Simon Jäger,Natalie Obergruber. Long-Term Effects of Equal Sharing: Evidence from Inheritance Rules for Land. 2020. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w28230.pdf(11130KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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