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来源类型Working Paper
规范类型报告
DOI10.3386/w28230
来源IDWorking 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
URLhttps://www.nber.org/papers/w28230
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/585904
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Charlotte Bartels,Simon Jäger,Natalie Obergruber. Long-Term Effects of Equal Sharing: Evidence from Inheritance Rules for Land. 2020.
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