Intergenerational Mobility of Household Assets in France in the Nineteenth and Twentieth centuries
AbstractThe increase in inequality observed in developed countries for the past 25 years fits into a longer-term pattern. In France, wage inequality remained broadly stable in the twentieth century, while wealth inequality diminished after the two world wars and the 1929 crisis, before rising again recently. Mobility in Europe-both in social terms and in income terms-resembles that observed in the United States. By using a French historical individual and family data base, we can analyze intergenerational wealth mobility in the nineteenth and early twentieth centuries. Intergenerational wealth mobility, if measured only for the population that left a bequest, was close to the income mobility estimated for recent years. This apparent stability hides a variation over time: mobility decreased during the Belle Époque (1895-1913), then rose after the First World War, and was not the same at different points of the distribution.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by Institut National de la Statistique et des Etudes Economiques in its journal Economie et Statistique.
Volume (Year): 417-418 (2009)
Issue (Month): (June)
Intergenerational Mobility; Wealth Distribution;
Find related papers by JEL classification:
- J62 - Labor and Demographic Economics - - Mobility, Unemployment, and Vacancies - - - Job, Occupational and Intergenerational Mobility; Promotion
- N33 - Economic History - - Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy - - - Europe: Pre-1913
- N13 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Europe: Pre-1913
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (D3E).
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 references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link 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 profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.