industrialization on the top percentile's wealth share and the inequality among top fortunes. We show that this relationship between … industrialization, wealth concentration, and tail fattening is consistent with both cross-country data on national wealth distributions …

This paper shows that 19th-century industrialization is an important determinant of the significant changes in Germany …, economic ascent in the South. Exploiting plausibly exogenous variation in access to coal, we show that early industrialization … industrialization explains most of the decline in regional inequality observed in the 1960s and 1970s and about half of the current …

's industrialization. We test this assertion by exploiting plant-level variation in access to State Bank branches using a unique geocoded … productivity. In line with theories of late industrialization, we also find evidence that public credit mattered more in regions …