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À l'origine de la financiarisation de la dette publique française : l'Édit de la Paulette de 1604 et ses conséquences économiques et politiques

Author

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  • Nicolas Pinsard

    (CEPN - Centre d'Economie de l'Université Paris Nord - UP13 - Université Paris 13 - USPC - Université Sorbonne Paris Cité - CNRS - Centre National de la Recherche Scientifique)

  • Yamina Tadjeddine

    (BETA - Bureau d'Économie Théorique et Appliquée - INRA - Institut National de la Recherche Agronomique - UNISTRA - Université de Strasbourg - UL - Université de Lorraine - CNRS - Centre National de la Recherche Scientifique)

Abstract

The edict of Paulette (1604) is an important legal act, which produced many institutional changes. Offices appeared in the XIIIth century in France, thus earlier than the edict. However, by giving property rights and inalienable handover to officeholders, in return of paying a tax that is valued at 1/60th of the office value, the edict had an important impact on office nature. Through data and documents that we picked up at Archives nationales and in the Sully collection, our article dwells on the consequences of financialization of offices, that is to say economic modifications (in terms of public finances), social and political transformations (by the emergence of a new social class).

Suggested Citation

  • Nicolas Pinsard & Yamina Tadjeddine, 2017. "À l'origine de la financiarisation de la dette publique française : l'Édit de la Paulette de 1604 et ses conséquences économiques et politiques," CEPN Working Papers hal-01512176, HAL.
  • Handle: RePEc:hal:cepnwp:hal-01512176
    Note: View the original document on HAL open archive server: https://hal.science/hal-01512176
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    Keywords

    1604; Financiarisation; Finances Publiques; Offices; Histoire financière; France; Ancien Régime; L'édit de Paulette;
    All these keywords.

    JEL classification:

    • N23 - Economic History - - Financial Markets and Institutions - - - Europe: Pre-1913
    • N44 - Economic History - - Government, War, Law, International Relations, and Regulation - - - Europe: 1913-
    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation

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