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Capital, richesse et croissance de la recherche empirique aux éclairages theoriques

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  • Jean-Luc Gaffard

    (OFCE - Observatoire français des conjonctures économiques (Sciences Po) - Sciences Po - Sciences Po)

Abstract

Le livre de Thomas Piketty « Le Capital au XXIème siècle » est ambivalent. D'un côté, une lecturethéorique trop simple, fondamentalement a-institutionnelle, retient un taux de croissancedéfinitivement exogène et ignore l'hétérogénéité du capital, faisant de la répartition des revenus et desrichesses une donnée technique sans influence en retour sur la croissance elle-même. D'un autre côté,les faits stylisés rassemblés et les intuitions qui y sont associées incitent réfléchir sur les tenants etaboutissants de la répartition des revenus et des patrimoines pour lui redonner une place centraledans la théorie économique et lui restituer sa dimension sociale.

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  • Jean-Luc Gaffard, 2014. "Capital, richesse et croissance de la recherche empirique aux éclairages theoriques," Working Papers hal-01093017, HAL.
  • Handle: RePEc:hal:wpaper:hal-01093017
    Note: View the original document on HAL open archive server: https://sciencespo.hal.science/hal-01093017
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    1. Christopher D Carroll, 1997. "Why Do the Rich Save So Much?," Economics Working Paper Archive 388, The Johns Hopkins University,Department of Economics.
    2. Robert M. Solow, 1956. "A Contribution to the Theory of Economic Growth," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 70(1), pages 65-94.
    3. Thomas Piketty & Gabriel Zucman, 2014. "Capital is Back: Wealth-Income Ratios in Rich Countries 1700–2010," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 129(3), pages 1255-1310.
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    5. Odran Bonnet & Pierre-Henri Bono & Guillaume Chapelle & Etienne Wasmer, 2014. "Does housing capital contribute to inequality? A comment on Thomas Piketty’s Capital in the 21st Century," Sciences Po Economics Discussion Papers 2014-07, Sciences Po Departement of Economics.
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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.

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    More about this item

    Keywords

    growth; wealth; capital; distribution; rent;
    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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