Piketty, Thomas; Postel-Vinay, Gilles; Rosenthal, … - Laboratoire d'Economie Appliquee, INRA - 2005
Using large samples of estate tax returns we construct new series on wealth concentration in Paris and France from 1807 to 1994. Wealth concentration in Paris and in France increased until World War I and then fell abruptly. The rise in inequality prior to WWI accelerated (rather than...