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Figures 

 

Figure 1. Profession and sector distribution in Florence 1427

 

Professions (a) 



 

Sectors (b) 

 

Authors’ elaborations on data drawn from 1427 Census of Florence. 



 

 

 

Figure 2. Italian city-states in the 15

th

 century 

 

 

 



 

artisan


44%

entrepreneur

18%

government 



servant

7%

lettered 



profession

9%

merchant



9%

unskilled

13%

agriculture



2%

manufacture: 

textile

37%


manufacture: 

other


12%

construction

5%

trade


13%

food and 

wine

8%

other 



services

7%

public 



services

16%


32 

 



 

Figure 3. Population and GDP per capita over the long run

 

Population (a) 



(thousands of inhabitants)

 

 



GDP per capita (b) 

(1427=1)


 

 

Figures for population refer to the city of Florence (authors’ elaborations on data drawn from 



http://www.paolomalanima.it/

 and Census data from 1861 on); figures for GDP per capita refer to Florence or the Italian 

Centre-North, depending on data availability, and are drawn from 

http://www.paolomalanima.it/

). 

 

 

 

Figure 4. Earnings mobility with randomly assigned surnames

 

 



Distribution of estimated earnings elasticity randomly matching ancestors’ and descendants’ earnings; 

dashed lines represent 95° and 99° percentile, red line represents the earnings  elasticity properly 

matching ancestors and descendants through surnames. 

 

 

0

100



200

300


400

500


1400

1500


1600

1700


1800

1900


2000

0

2



4

6

8



10

12

14



1400

1500


1600

1700


1800

1900


2000

0

10



20

30

-.1



-.05

0

.05



.1

earnings elasticity

33 

 



Figure 5. Wealth mobility with randomly assigned surnames

 

 



Distribution of estimated wealth elasticity randomly matching ancestors’ and descendants’ wealth; 

dashed lines represent 95° and 99° percentile, red line represents the wealth elasticity properly 

matching ancestors and descendants through surnames. 

 

 

 

Figure 6. Earnings and real wealth distribution by survival rate

 

Earnings (a) 



 

Real wealth (b) 

 

Authors’ elaborations on data drawn from 1427 Census of Florence. 



 

 

 

 

0

10



20

30

40



50

-.04


-.02

0

.02



.04

wealth elasticity

0

.5

1



1.

5

2



3

4

5



6

7

log of earnings in 1427



surviving families

missing families

0

.1

.2



.3

0

2



4

6

8



10

log of wealth in 1427

surviving families

missing families

34 

 



Figure 7. Income persistence in Florence: 1427 vs. 2005

 

 



Histograms represent the intergenerational income elasticity obtained as projections of the 

pseudo-ICS measure by Güell et al. (2015b); figures for Florence in the 1427 are based on authors’ 

elaborations on data drawn from 1427 Census of Florence; figures for Florence in the mid-2000s 

are drawn from Güell et al. (2015a). 



 

 

 

Figure 8. Earnings by professions: 1427 vs. 2000s

 

1427 



 

2000s 


 

 

Figures for 1427 are drawn from 1427 Census of Florence; figures for 2005 are drawn from sectoral studies (Studi di settore) by the 



Ministry of Economics and Finance for lawyers, doctors, pharmacists and goldsmiths and from Ciapanna et al. (2015) for bankers. 

Corresponding average values in the population are reported with diamonds. 



 

0,0


0,2

0,4


0,6

0,8


1,0

1427


2005

0

150



300

450


banker

lawyer


doctor or

pharmacist

goldsmith

0

60



120

180


banker

lawyer


doctor or

pharmacist

goldsmith

35 


 


(*)  Requests for copies should be sent to: 

Banca d’Italia – Servizio Studi di struttura economica e finanziaria – Divisione Biblioteca e Archivio storico – Via 

Nazionale, 91 – 00184 Rome – (fax 0039 06 47922059). They are available on the Internet www.bancaditalia.it.

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