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The evolution of top income and wealth shares in Portugal since 1936

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  • Guilera, Jordi

Abstract

This paper presents new statistical evidence on the long-term evolution of economic inequality in Portugal. Portuguese tax sources have been employed to estimate top income and wealth shares (TIS and TWS) from 1936 onwards. The new series shows that the Second World War had a negative and non-permanent effect on the evolution of TIS, but not on TWS, which increased until the mid 1950s. From the mid 1950s to the early 1980s, there was a sharp decline in TIS and TWS. Finally, during the 1990s, TIS increased again. The reasons behind the Portuguese distributive pattern seem to be more economic than political.

Suggested Citation

  • Guilera, Jordi, 2010. "The evolution of top income and wealth shares in Portugal since 1936," Revista de Historia Económica / Journal of Iberian and Latin American Economic History, Cambridge University Press, vol. 28(1), pages 139-171, March.
    • Handle: RePEc:cup:reveco:v:28:y:2010:i:01:p:139-171_99
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    Cited by:

    1. Aurora A. C. Teixeira & Ana Sofia Loureiro, 2019. "FDI, income inequality and poverty: a time series analysis of Portugal, 1973–2016," Portuguese Economic Journal, Springer;Instituto Superior de Economia e Gestao, vol. 18(3), pages 203-249, October.
    2. Jaime Reis, 2017. "Deviant behaviour? Inequality in Portugal 1565–1770," Cliometrica, Springer;Cliometric Society (Association Francaise de Cliométrie), vol. 11(3), pages 297-319, September.
    3. Sergio Espuelas, 2015. "The inequality trap. A comparative analysis of social spending between 1880 and 1930," Economic History Review, Economic History Society, vol. 68(2), pages 683-706, May.

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