IDEAS home Printed from https://ideas.repec.org/a/prs/reveco/reco_0035-2764_1974_num_25_4_408165.html
   My bibliography  Save this article

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
    as

    Download full text from publisher

    File URL: https://doi.org/10.3406/reco.1974.408165
    Download Restriction: Data and metadata provided by Persée are licensed under a Creative Commons "Attribution-Noncommercial-Share Alike 3.0" License http://creativecommons.org/licenses/by-nc-sa/3.0/
    File URL: https://www.persee.fr/doc/reco_0035-2764_1974_num_25_4_408165
    Download Restriction: Data and metadata provided by Persée are licensed under a Creative Commons "Attribution-Noncommercial-Share Alike 3.0" License http://creativecommons.org/licenses/by-nc-sa/3.0/
    File URL: https://libkey.io/10.3406/reco.1974.408165?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. 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.
    2. repec:cai:popine:popu_p1973_28n1_0038 is not listed on IDEAS
    3. 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.
    4. 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.
    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.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Gokhale, Jagadeesh & Kotlikoff, Laurence J. & Sefton, James & Weale, Martin, 2001. "Simulating the transmission of wealth inequality via bequests," Journal of Public Economics, Elsevier, vol. 79(1), pages 93-128, January.
    2. Jagadeesh Gokhale & Laurence J. Kotlikoff, 2002. "The Impact of Social Security and Other Factors on the Distribution of Wealth," NBER Chapters, in: The Distributional Aspects of Social Security and Social Security Reform, pages 85-114, National Bureau of Economic Research, Inc.
    3. Kotlikoff, Laurence J, 1988. "Intergenerational Transfers and Savings," Journal of Economic Perspectives, American Economic Association, vol. 2(2), pages 41-58, Spring.
    4. Bartels, Charlotte & Jäger, Simon & Obergruber, Natalie, 2020. "Long-Term Effects of Equal Sharing: Evidence from Inheritance Rules for Land," IZA Discussion Papers 13665, Institute of Labor Economics (IZA).
    5. Alan G. Isaac, 2021. "Wealth Inequality and the Financial Accumulation Process," Eastern Economic Journal, Palgrave Macmillan;Eastern Economic Association, vol. 47(3), pages 430-448, June.
    6. Elinder, Mikael & Erixson, Oscar & Waldenström, Daniel, 2018. "Inheritance and wealth inequality: Evidence from population registers," Journal of Public Economics, Elsevier, vol. 165(C), pages 17-30.
    7. Marc Robinson, 1983. "Social Security and Physical Capital: An Interpretation of the Evidence, Lessons and Outlook," UCLA Economics Working Papers 307, UCLA Department of Economics.
    8. Lorelei Crisologo-Mendoza; & Dirk Van de gaer, 1997. "Population Growth and Customary Law on Land: The Case of Cordillera Villages in the Philippines," Economics Department Working Paper Series n761197, Department of Economics, National University of Ireland - Maynooth.
    9. Paul Menchik, 1980. "The Importance of Material Inheritance: The Financial Link between Generations," NBER Chapters, in: Modeling the Distribution and Intergenerational Transmission of Wealth, pages 159-186, National Bureau of Economic Research, Inc.
    10. Mauro Baranzini, 2005. "Modigliani's life-cycle theory of savings fifty years later," Banca Nazionale del Lavoro Quarterly Review, Banca Nazionale del Lavoro, vol. 58(233-234), pages 109-172.
    11. Lima, Pedro G. & Teixeira, Pedro N. & Silva, Sandra T., 2021. "Major Streams in the Economics of Inequality: A Qualitative and Quantitative Analysis of the Literature since 1950s," IZA Discussion Papers 14777, Institute of Labor Economics (IZA).
    12. Mauro Baranzini, 2005. "Modigliani's life-cycle theory of savings fifty years later," BNL Quarterly Review, Banca Nazionale del Lavoro, vol. 58(233-234), pages 109-172.
    13. Heng-fu Zou, 1995. "The spirit of capitalism and savings behavior," Journal of Economic Behavior & Organization, Elsevier, vol. 28(1), pages 131-143, September.
    14. Wegge, Simone A., 1999. "To Part or Not to Part: Emigration and Inheritance Institutions in Nineteenth-Century Hesse-Cassel," Explorations in Economic History, Elsevier, vol. 36(1), pages 30-55, January.
    15. Markku Ollikainen, 1998. "Sustainable Forestry: Timber Bequests, Future Generations and Optimal Tax Policy," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 12(3), pages 255-273, October.
    16. Aldieri, Luigi & Fiorillo, Damiano, 2015. "Private monetary transfers and altruism: An empirical investigation on Italian families," Economic Analysis and Policy, Elsevier, vol. 46(C), pages 1-15.
    17. C. Lee, 1998. "Life Cycle Savings in the United States, 1900-1990," CPE working papers 0014, University of Chicago - Centre for Population Economics.
    18. Sami Bibi & Massa Coulibaly & John Cockburn & Luca Tiberti, 2009. "L'impact de la hausse des prix des produits alimentaires sur la pauvreté des enfants et les reponses politiques au Mali," Papers inwopa09/60, Innocenti Working Papers.
    19. B. Douglas Bernheim, 1987. "Dissaving after Retirement: Testing the Pure Life Cycle Hypothesis," NBER Chapters, in: Issues in Pension Economics, pages 237-280, National Bureau of Economic Research, Inc.
    20. Stefan Ederer & Stefan Humer & Stefan Jestl & Emanuel List, 2020. "Distributional National Accounts (DINA) with Household Survey Data. Methodology and Results for European Countries," WIFO Working Papers 599, WIFO.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:prs:reveco:reco_0035-2764_1974_num_25_4_408165. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Equipe PERSEE (email available below). General contact details of provider: https://www.persee.fr/collection/reco .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.