IDEAS home Printed from https://ideas.repec.org/p/hal/journl/halshs-00084093.html
   My bibliography  Save this paper

Public debt and redistribution in France (1980 – 2004)
[Endettement public et redistribution en France de 1980 à 2004]

Author

Listed:
  • Jean-Marie Monnier

    (CES - Centre d'économie de la Sorbonne - UP1 - Université Paris 1 Panthéon-Sorbonne - CNRS - Centre National de la Recherche Scientifique)

  • Bruno Tinel

    (CES - Centre d'économie de la Sorbonne - UP1 - Université Paris 1 Panthéon-Sorbonne - CNRS - Centre National de la Recherche Scientifique)

Abstract

This article deals with public debt dynamics in France. It also analyses several contemporary debates such as Ricardian equivalence, sustainability and budget balance decomposition. Public deficit is not necessarily the result of a Keynesian type of expansionary fiscal policy. It can also stem from insufficient tax resources creating a reversal bottom-up redistribution. The deficit would be then recessionary. In the latter case, expenditures' reduction can only worsen the macroeconomic environment.

Suggested Citation

  • Jean-Marie Monnier & Bruno Tinel, 2006. "Public debt and redistribution in France (1980 – 2004) [Endettement public et redistribution en France de 1980 à 2004]," Post-Print halshs-00084093, HAL.
  • Handle: RePEc:hal:journl:halshs-00084093
    Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-00084093
    as

    Download full text from publisher

    File URL: https://shs.hal.science/halshs-00084093/document
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Barro, Robert J, 1974. "Are Government Bonds Net Wealth?," Journal of Political Economy, University of Chicago Press, vol. 82(6), pages 1095-1117, Nov.-Dec..
    2. Christophe Ramaux, 2012. "L'État social," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-00683137, HAL.
    3. repec:hal:spmain:info:hdl:2441/1783 is not listed on IDEAS
    4. Philip Arestis & Malcolm Sawyer, 2006. "The Case for Fiscal Policy," Palgrave Macmillan Books, in: Philip Arestis & Jesus Ferreiro & Felipe Serrano (ed.), Financial Developments in National and International Markets, chapter 6, pages 103-117, Palgrave Macmillan.
    5. repec:hal:wpspec:info:hdl:2441/1831 is not listed on IDEAS
    6. Arnaud Lechevalier & P. Concialdi, 2004. "Pensions reform and intergenerational equity," Post-Print halshs-00468586, HAL.
    7. Arnaud Lechevalier & P. Concialdi, 2004. "Pensions reform and intergenerational equity," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00468586, HAL.
    8. Catherine Mathieu & Henri Sterdyniak, 2005. "Pacte de stabilité : la réforme impossible," Post-Print hal-01020676, HAL.
    9. repec:hal:spmain:info:hdl:2441/1831 is not listed on IDEAS
    10. Jean-Philippe Cotis & Bruno Crépon & Yannick L'Horty & Bruno Méary, 1998. "Les stabilisateurs automatiques sont-ils encore efficaces ? Le cas de la France dans les années quatre-vingt-dix," Revue d'Économie Financière, Programme National Persée, vol. 45(1), pages 95-118.
    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. Jean-Marie Monnier & Bruno Tinel, 2006. "Endettement public et redistribution en France de 1980 à 2004," Cahiers de la Maison des Sciences Economiques r06006, Université Panthéon-Sorbonne (Paris 1).
    2. Pavlina R. Tcherneva, 2008. "The Return of Fiscal Policy: Can the New Developments in the New Economic Consensus Be Reconciled with the Post-Keynesian View?," Economics Working Paper Archive wp_539, Levy Economics Institute.
    3. Julien Vandernoot & Jonathan Bauweraerts & Antoine Buchet, 2019. "Do elections influence taxation?," Economics Bulletin, AccessEcon, vol. 39(2), pages 854-865.
    4. Arnaud Lechevalier, 2007. "Reform der Alterssicherung in Europa: gibt es einen französischen Weg? [La réforme des retraites en Europe : y a-t-il une voie française ?]," Post-Print halshs-00175084, HAL.
    5. Reiner Eichenberger & David Stadelmann, 2009. "Consequences of Debt Capitalization: Property Ownership and Debt/Tax Choice," CREMA Working Paper Series 2009-08, Center for Research in Economics, Management and the Arts (CREMA).
    6. Francisco Alvarez-Cuadrado & Ngo Van Long, 2012. "Envy and Inequality," Scandinavian Journal of Economics, Wiley Blackwell, vol. 114(3), pages 949-973, September.
    7. Roozbeh Hosseini & Larry E. Jones & Ali Shourideh, 2009. "Risk Sharing, Inequality and Fertility," NBER Working Papers 15111, National Bureau of Economic Research, Inc.
    8. Xinshen DIAO & Terry L. ROE & A. Erinç YELDAN, 1999. "How Fiscal Mismanagement May Impede Trade Reform: Lessons From An Intertemporal, Multi-Sector General Equilibrium Model For Turkey," The Developing Economies, Institute of Developing Economies, vol. 37(1), pages 59-88, March.
    9. Fernando Broner & Daragh Clancy & Aitor Erce & Alberto Martin, 2022. "Fiscal Multipliers and Foreign Holdings of Public Debt," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 89(3), pages 1155-1204.
    10. Mengyuan Zhou, 2022. "Does the Source of Inheritance Matter in Bequest Attitudes? Evidence from Japan," Journal of Family and Economic Issues, Springer, vol. 43(4), pages 867-887, December.
    11. 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.
    12. Herrera, Santiago, 2000. "Determinantes y composición del endeudamiento público en Colombia," IDB Publications (Working Papers) 2110, Inter-American Development Bank.
    13. Schreiner, Lena & Madlener, Reinhard, 2022. "Investing in power grid infrastructure as a flexibility option: A DSGE assessment for Germany," Energy Economics, Elsevier, vol. 107(C).
    14. Grossmann, Volker, 2008. "Risky human capital investment, income distribution, and macroeconomic dynamics," Journal of Macroeconomics, Elsevier, vol. 30(1), pages 19-42, March.
    15. Francisco Eduardo Barreto de Oliveira, 2015. "Basic Issues in Reforming Social Security Systems," Discussion Papers 0071, Instituto de Pesquisa Econômica Aplicada - IPEA.
    16. Jellal, Mohamed, 2009. "Family Institution and Filial Attention Contract," MPRA Paper 17713, University Library of Munich, Germany.
    17. António Afonso, 2007. "An Avenue for Expansionary Fiscal Contractions," The IUP Journal of Public Finance, IUP Publications, vol. 0(3), pages 7-15, August.
    18. Emmanuel Thibault, 2001. "Labor immigration and long-run welfare in a growth model with heterogenous agents and endogenous labor supply," Journal of Population Economics, Springer;European Society for Population Economics, vol. 14(2), pages 391-407.
    19. Stanley Fischer, 1991. "Growth, Macroeconomics, and Development," NBER Chapters, in: NBER Macroeconomics Annual 1991, Volume 6, pages 329-379, National Bureau of Economic Research, Inc.
    20. Ghosh, Soumya Kanti & Nath, Hiranya K., 2023. "What determines private and household savings in India?," International Review of Economics & Finance, Elsevier, vol. 86(C), pages 639-651.

    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:hal:journl:halshs-00084093. 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: CCSD (email available below). General contact details of provider: https://hal.archives-ouvertes.fr/ .

    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.