1,850,996 research outputs found
On the long-run evolution of inheritance: France 1820-2050
This paper attempts to document and account for the long run evolution of inheritance. We find that in a country like France the annual flow of inheritance was about 20%-25% of national income between 1820 and 1910, down to less than 5% in 1950, and back up to about 15% by 2010. A simple theoretical model of wealth accumulation, growth and inheritance can fully account for the observed U-shaped pattern and levels. Using this model, we find that under plausible assumptions the annual bequest flow might reach about 20%-25% of national income by 2050. This corresponds to a capitalized bequest share in total wealth accumulation well above 100%. Our findings illustrate the fact that when the growth rate g is small, and when the rate of return to private wealth r is permanently and substantially larger than the growth rate (say, r=4%-5% vs. g=1%-2%), which was the case in the 19th century and early 20th century and is likely to happen again in the 21st century, then past wealth and inheritance are bound to play a key role for aggregate wealth accumulation and the structure of lifetime inequality. Contrarily to a widely spread view, modern economic growth did not kill inheritance.inheritance ; bequest ; wealth ; capital
[Aborigine climbing a tree by cutting steps in the trunk] [picture] /
In his: Drawings of Aborigines and scenery, New South Wales, ca. 1820.; Also available in an electronic version via the Internet at: http://nla.gov.au/nla.pic-an2962715-s4; Exhibited: Treasures Gallery, National Library of Australia, October 2011- December 2014
View of Canton from the entrance of the Macau passage, Oct. 27 [picture].
Inscription on mount: View of Canton from the entrance of the Macau passage, page 94.; Rex Nan Kivell Collection NK9840/31.; Title from inscription on reverse.; In: Views taken while serving on the East Indian Station in H.M. ships Leander and Dauntless, 1820-1822.; Also available online at: http://nla.gov.au/nla.pic-an6820449
Catalogue d'ouvrages propres a être donnés pour étrennes. 1820.
[Catalogue de libraire. Paris. Pichard, Nicolas. 1820]Avec mode text
Henry Emy (illustrateur 1820-1874) : signature [1852]
Henry Emy (illustrateur 1820-1874) : signature [1852] ; sur médihal, mot-clef “Henry Emy (illustrateur 1820-1874)”
Henry Emy (illustrateur 1820-1874) : signature [1852]
Henry Emy (illustrateur 1820-1874) : signature [1852] ; sur médihal, mot-clef “Henry Emy (illustrateur 1820-1874)”
The Farm Labor Force by Region, 1820-1860: Revised Estimates and Implications for Growth
This paper sets forth new estimates of the farm labor force covering the period 1820 to 1860, for the United States and the major geographic regions. At the national level, the new figures are noticeably different from the previous estimates. In particular, the new estimates lower the 1820 farm labor force by about 8 percent, while raising the figures for 1840, 1850, and 1860 by 7 to 10 percent. As a consequence, the farm work force grew more rapidly than was previously believed, while farm productivity and per capita income grew more slowly. The impact of the revisions, of course, varied by subperiod. The new figures also alter our picture of variations in regional economic performance, the more so in some regions. In particular, the pace and timing of the shift out of farming in New England has been changed substantially. The paper also discusses the reasons for the discrepancies between the new and old series, and provides some assessment of the new evidence.
Arkansas Governors collection, 1820-1999
This collection was created to expedite patron access to various materials on the governors of Arkansas. The collection contains a miscellany of biographical information, correspondence, campaign materials, newspaper clippings, political addresses, articles/essays, etc. This is a temporary collection, and eventually the materials will be cataloged within appropriate categories (monographs, pamphlets, manuscripts, etc.).Arkansas Governors collection, 1820-199
Robert Toland papers, 1820-1843
These papers contain correspondence, deeds, and land warrants belonging to Robert Toland (of Philadelphia, Pennsylvania), concerning the purchase of land in Arkansas and payment of taxes on it. Correspondents include William E. Woodruff, who founded the Arkansas Gazette.; These papers were originally numbered H-35 and is part of the J. N. Heiskell Historical Collection, courtesy of the Arkansas Gazette Foundation.Robert Toland papers, 1820-184
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