American Incomes Before and After the Revolution

B-Tier
Journal: Journal of Economic History
Year: 2013
Volume: 73
Issue: 3
Pages: 725-765

Authors (2)

Lindert, Peter H. (University of California-Davis) Williamson, Jeffrey G. (not in RePEc)

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

Building social tables in the tradition of Gregory King, we develop new estimates suggesting that between 1774 and 1800 American incomes fell in real per capita terms. The colonial South was richer than the North at the start, but was already beginning to lose its income lead by 1800. We also find that free American colonists had much more equal incomes than did households in England and Wales. The colonists had greater purchasing power than their English counterparts over all of the income ranks except in the top percent.

Technical Details

RePEc Handle
repec:cup:jechis:v:73:y:2013:i:03:p:725-765_00
Journal Field
Economic History
Author Count
2
Added to Database
2026-01-25