Albers, Thilo N. H.; Bartels, Charlotte; Schularick, Moritz - 2024
wealth distribution in the long run. Combining tax and archival data, household surveys, historical national accounts, and … rich lists, we document that the top 1% wealth share has fallen by half, from close to 50% in 1895 to 26% today. Nearly all … their mark on the German wealth distribution. Households at the top made substantial capital gains from rising business …