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
Hauptverfasser: COŞGEL, METIN M., ERGENE, BOĞAÇ A.
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ERGENE, BOĞAÇ A.
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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