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On the trends over time in the degree of concentration of wealth in Finland

Author

Listed:
  • Matti Tuomala

    (University of Helsinki)

  • Jouko Vilmunen

    (University of Helsinki)

Abstract

The aim of this paper is to illuminate the forces that may reasonably be assumed to underlie the variation observed across different wealth shares in Finland. The estimated equations, which provide a reasonable fit to the data, support, at least in a proximate manner, the views present in a simple »Meade process». The forces for equality (»popular wealth») and inequality (profits) in wealth distribution come out clearly in the empirical results.

Suggested Citation

  • Matti Tuomala & Jouko Vilmunen, 1988. "On the trends over time in the degree of concentration of wealth in Finland," Finnish Economic Papers, Finnish Economic Association, vol. 1(2), pages 184-190, Autumn.
    • Handle: RePEc:fep:journl:v:1:y:1988:i:2:p:184-190
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    Cited by:

    1. Roine, Jesper & Waldenström, Daniel, 2014. "Long-Run Trends in the Distribution of Income and Wealth," Working Paper Series 1021, Research Institute of Industrial Economics.
    2. José Ma Durán‐Cabré & Alejandro Esteller‐Moré, 2010. "Tax Data For Wealth Concentration Analysis: An Application To Spanish Wealth Tax," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 56(3), pages 620-631, September.
    3. Anthony Barnes Atkinson, 2006. "Concentration among the Rich," WIDER Working Paper Series RP2006-151, World Institute for Development Economic Research (UNU-WIDER).
    4. José Mª Durán Cabré & Alejandro Esteller Moré, 2007. "An empirical analysis of wealth taxation: Equity Vs.tax compliance," Working Papers XREAP2007-03, Xarxa de Referència en Economia Aplicada (XREAP), revised Jun 2007.

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