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Capital, richesse et croissance: de la recherche empirique aux éclairages théoriques

Author

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  • Jean-Luc Gaffard

    (OFCE Sciences Po
    University of Nice Sophia Antipolis, France
    Skema Business School)

Abstract

The book of Thomas Piketty "Capital in the XXI Century" is ambivalent. On one hand, too simple theoretical reading, basically a-institutional, considers the growth rate as exogenous, and ignores the heterogeneity of capital, making the distribution of income and wealth a technical data without reverse influence on growth itself. On the other hand, the gathered stylized facts, and insights associated incite to the reflection on the ins and outs of the distribution of income and wealth in the perspective of giving it a central place in economic theory and to restore its social dimension.

Suggested Citation

  • Jean-Luc Gaffard, 2014. "Capital, richesse et croissance: de la recherche empirique aux éclairages théoriques," GREDEG Working Papers 2014-28, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France.
    • Handle: RePEc:gre:wpaper:2014-28
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    File URL: http://195.220.190.85/GREDEG-WP-2014-28.pdf
    File Function: First version, 2014
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    Cited by:

    1. Nicolas Brisset & Benoît Walraevens, 2021. "From capital to property: History and justice in the work of Thomas Piketty [Du capital à la propriété: Histoire et justice dans le travail de Thomas Piketty]," Post-Print hal-03250042, HAL.

    More about this item

    Keywords

    capital; distribution; growth; rent; wealth;
    All these keywords.

    JEL classification:

    • D30 - Microeconomics - - Distribution - - - General
    • H20 - Public Economics - - Taxation, Subsidies, and Revenue - - - General
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General

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