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Le patrimoine des salariés et inactifs de 1949 à 1967

Author

Listed:
  • André Masson
  • André Babeau
  • Dominique Strauss-Kahn

Abstract

[fre] Le patrimoine des salariés et inactifs de 1949 à 1967 . . Afin d'étudier les inégalités dans la distribution des fortunes, les auteurs ont formalisé les processus d'accumulation des patrimoines des ménages. A partir de conditions initiales — distribution des patrimoines selon l'âge en début de simulation — et d'informations sur les différentes variables qui sont à l'origine de l'accumulation, on tente de reconstituer la distribution des patrimoines selon l'âge n années plus tard. Certaines de ces variables sont exogènes, comme les revenus du travail ou les fluctuations des prix des actifs, d'autres sont endogènes, c'est le cas des flux intergénérationnels (héritages et donations). La simulation de l'évolution du patrimoine moyen de chaque classe d'âge entre 1949 et 1967 pour une population formée des salariés et des inactifs français, permet tout d'abord de décomposer en effet-volume et en effet-prix la croissance des stocks détenus par ces ménages. Ensuite, elle fournit des indications sur la part du patrimoine qui est accumulée et la part qui est héritée. Enfin, elle autorise une meilleure interprétation de la forme de la distribution des patri­moines selon l'âge en 1967. [eng] The growth of wealth for wage earners and pensioners between 1949 and 1967. . In order to study the disparities in the distribution of wealth, the authors have formalized the households accumulation processes.. On the basis of an initial situation characterized by the age distribution of wealth (at the beginning of the simulation) and using data on the different variables bringing about accumulation, an attempt is made to establish the age distribution of wealth n years later. Some of these variables are exogeneous, for instance wages and variations in the priee of assets, the others are endogeneous, so are the flows between generations (inheritances and gifts inter vivos). The evolution of the average wealth in each age group between 1949 and 1967 for a sample of french wage-earners and pensioners has been simulated. It permits to distinguish in the growth of the households assets a priee effects and a real effect. It also helps to differenciate the inherited from the accumulated wealth. Morever it allows to explain in a better way the shape of the age distribution of wealth in 1967.

Suggested Citation

  • André Masson & André Babeau & Dominique Strauss-Kahn, 1974. "Le patrimoine des salariés et inactifs de 1949 à 1967," Revue Économique, Programme National Persée, vol. 25(4), pages 611-634.
    • Handle: RePEc:prs:reveco:reco_0035-2764_1974_num_25_4_408165
    DOI: 10.3406/reco.1974.408165
    Note: DOI:10.3406/reco.1974.408165
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    References listed on IDEAS

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    1. repec:cai:popine:popu_p1973_28n1_0038 is not listed on IDEAS
    2. Alan S. Blinder, 1973. "A Model of Inherited Wealth," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 87(4), pages 608-626.
    3. Pierre Laforest, 1969. "Le pouvoir d'achat des actions, des obligations et de l'or," Économie et Statistique, Programme National Persée, vol. 3(1), pages 3-11.
    4. Pryor, Frederic L, 1973. "Simulation of the Impact of Social and Economic Institutions on the Size Distribution of Income and Wealth," American Economic Review, American Economic Association, vol. 63(1), pages 50-72, March.
    5. Atkinson, A B, 1971. "The Distribution of Wealth and the Individual Life-cycle," Oxford Economic Papers, Oxford University Press, vol. 23(2), pages 239-254, July.
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