Advanced Search
MyIDEAS: Login to save this paper or follow this series

Le patrimoine et ses logiques d'accumulation

Contents:

Author Info

  • Luc Arrondel
  • André Masson

Abstract

This article considers four models of household wealth accumulation, which differ principally in terms of the length of the time horizon. The myopic model is characterised by a very short time horizon, with models levels of wealth tracking income, while life-cycle models suppose that individuals maximise over the whole of their expected lifetime. Third, in the dynastic or long-sighted model individual preferences include the welfare of future generations. While the life-cycle household aims to consume all of its resources over its lifetime, dynastic households make bequests to their children. Last, some large fortunes seem to be motivated by a desire for power, economic or otherwise, social status, or a desire for immortality. We distinguish two types of saving: saving for oneself, and saving for others or as an end in itself. The latter results from the last two models of wealth accumulation. We propose a typology of wealth accumulation in French households which crosses the four types of motivation with the two types of saving.

Download Info

If 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.
File URL: http://www.delta.ens.fr/abstracts/wp200326.pdf
Our checks indicate that this address may not be valid because: 404 Not Found. If this is indeed the case, please notify ()
Download Restriction: no

Bibliographic Info

Paper provided by DELTA (Ecole normale supérieure) in its series DELTA Working Papers with number 2003-26.

as in new window
Length:
Date of creation: 2003
Date of revision:
Handle: RePEc:del:abcdef:2003-26

Contact details of provider:
Postal: 48 boulevard Jourdan - 75014 Paris
Phone: 01 43 13 63 00
Fax: 01 43 13 63 10
Email:
Web page: http://www.delta.ens.fr/
More information through EDIRC

Related research

Keywords:

References

No references listed on IDEAS
You can help add them by filling out this form.

Citations

Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
as in new window

Cited by:
  1. Legros, Florence, 2006. "Life cycle options and preferences," Economics Papers from University Paris Dauphine 123456789/6477, Paris Dauphine University.
  2. Céline Antonin, 2009. "Age, revenu et comportements d'épargne des ménages : une analyse théorique et empirique sur la période 1978-2006," Sciences Po publications info:hdl:2441/5l6uh8ogmqi, Sciences Po.
  3. Luc Arrondel & André Masson & Daniel Verger, 2005. "Risk-And Time-Related Saver Behaviour," Economie et Statistique, Institut National de la Statistique et des Etudes Economiques, vol. 374, pages 9-19, May.

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:del:abcdef:2003-26. See general 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: ().

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.