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Capital, richesse et croissance. De la recherche empirique aux éclairages théoriques

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  • Jean-Luc Gaffard

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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Suggested Citation

  • Jean-Luc Gaffard, 2015. "Capital, richesse et croissance. De la recherche empirique aux éclairages théoriques," Revue de l'OFCE, Presses de Sciences-Po, vol. 0(1), pages 57-82.
  • Handle: RePEc:cai:reofsp:reof_137_0057
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    References listed on IDEAS

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    1. Mario Amendola & Jean Luc Gaffard & Fabricio Patriarca, 2013. "Inequality,debt and taxation:the perverse relation between the productive and the non-productive assets of the economy," Documents de Travail de l'OFCE 2013-21, Observatoire Francais des Conjonctures Economiques (OFCE).
    2. Keynes, John Maynard, 1919. "The Economic Consequences of the Peace," History of Economic Thought Books, McMaster University Archive for the History of Economic Thought, number keynes1919.
    3. Thomas Piketty & Gabriel Zucman, 2014. "Capital is Back: Wealth-Income Ratios in Rich Countries 1700–2010," The Quarterly Journal of Economics, Oxford University Press, vol. 129(3), pages 1255-1310.
    4. J. v. Neumann, 1945. "A Model of General Economic Equilibrium," Review of Economic Studies, Oxford University Press, vol. 13(1), pages 1-9.
    5. Stefan Homburg, 2015. "Critical remarks on Piketty's Capital in the Twenty-first Century," Applied Economics, Taylor & Francis Journals, vol. 47(14), pages 1401-1406, March.
    6. repec:spo:wpecon:info:hdl:2441/f6h8764enu2lskk9p4sq3h62k is not listed on IDEAS
    7. 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.
    8. Robert J. Gordon, 2014. "The Demise of U.S. Economic Growth: Restatement, Rebuttal, and Reflections," NBER Working Papers 19895, National Bureau of Economic Research, Inc.
    9. Gaël Giraud, 2013. "Compte rendu de "Le capital au XXIe siècle" de Thomas PIketty," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-01071151, HAL.
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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," GREDEG Working Papers 2021-28, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France.

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    More about this item

    Keywords

    capital; distribution; growth; rent; wealth;
    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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