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A wealth accumulation model

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  • André Babeau

Abstract

[eng] Insight into the mechanisms involved in the wealth accumulation process of the various economic agents remains generally partial. Thus, from a didactical point of view, it appears useful to describe, in twenty simple relations, the main stages of this process, by linking as closely as possible « real » variables to financial ones. In the first place, it appears thus necessary to establish equilibrium relations between flows of financial resources and their uses distinguishing national economies’ sectors from the « rest of the world ». In the second place, while keeping with the same distinction, wealth accumulation relations are developed. While remaining very close to the European System of Accounts, it was sometimes deemed useful to shed some light on relations that are considered as useful for a good understanding of the issues at stake. . JEL classifications : E20, M41

Suggested Citation

  • André Babeau, 2001. "A wealth accumulation model," Revue d'Économie Financière, Programme National Persée, vol. 64(4), pages 47-60.
  • Handle: RePEc:prs:recofi:ecofi_1767-4603_2001_num_64_4_4486
    DOI: 10.3406/ecofi.2001.4486
    Note: DOI:10.3406/ecofi.2001.4486
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    JEL classification:

    • E20 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - General (includes Measurement and Data)
    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting

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