Inequality of Wealth in the Ottoman Empire: War, Weather, and Long-Term Trends in Eighteenth-Century Kastamonu
This article offers a quantitative analysis of wealth inequality in the Ottoman Empire, employing data from probate inventories (terekes) of eighteenth-century Kastamonu, a town located in northern Anatolia. Extracting information on wealth levels and personal characteristics of individuals, we esti...
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Veröffentlicht in: | The Journal of economic history 2012-06, Vol.72 (2), p.308-331 |
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description | This article offers a quantitative analysis of wealth inequality in the Ottoman Empire, employing data from probate inventories (terekes) of eighteenth-century Kastamonu, a town located in northern Anatolia. Extracting information on wealth levels and personal characteristics of individuals, we estimate aggregate measures of wealth inequality, namely the Gini coefficient, the coefficient of variation, and the wealth shares of the wealthiest 10 and 25 percent of estates. We use regression analysis to identify the time trend of wealth inequality and determine how warfare, significant weather events, macroeconomic variables, and shifts in population characteristics affected it. |
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subjects | 18th century 19th century Court records Economic history Gini coefficient Historians Households Income inequality Inequality Macroeconomics Muslims Ottoman Empire Population Probate Probate estates Towns Trends War War economics Wealth Wealth distribution Weather |
title | Inequality of Wealth in the Ottoman Empire: War, Weather, and Long-Term Trends in Eighteenth-Century Kastamonu |
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