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Transmission and inequality of wealth: An empirical study of wealth mobility from 1800 to 1938 in France

  • Luc Arrondel


  • Cyril Grange


This paper endeavors to measure the intergenerational transmission of wealth inequalities over the 1800-1938 period. For this purpose, we have consulted historical data composed of wealth genealogies covering the 19th and first half of the 20th centuries. The database was created from families included in the "3,000 families" survey of those individuals residing in the Loire-Inférieure département. The empirical study reveals a relatively large degree of intergenerational immobility: those whose father had twice the average level of wealth themselves upon death leave behind 1.45 times the average wealth of their generation.

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Article provided by Springer in its journal The Journal of Economic Inequality.

Volume (Year): 4 (2006)
Issue (Month): 2 (August)
Pages: 209-232

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Handle: RePEc:kap:jecinq:v:4:y:2006:i:2:p:209-232
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  1. Gokhale, Jagadeesh & Kotlikoff, Laurence J. & Sefton, James & Weale, Martin, 2001. "Simulating the transmission of wealth inequality via bequests," Journal of Public Economics, Elsevier, vol. 79(1), pages 93-128, January.
  2. Elise s. Brezis, 2002. "Fertility, Non-Altruism and Economic Growth: Industrialization in the Nineteenth Century," Working Papers 2002-14, Bar-Ilan University, Department of Economics.
  3. Kerwin Kofi Charles & Erik Hurst, 2002. "The Correlation of Welath Across Generations," NBER Working Papers 9314, National Bureau of Economic Research, Inc.
  4. Atkinson, A. B. & Bourguignon, F. & Morrisson, C., 1988. "Earnings mobility," European Economic Review, Elsevier, vol. 32(2-3), pages 619-632, March.
  5. J. R. Kearl & Clayne L. Pope, 1981. "Intergenerational Effects of the Distribution of Income and Wealth: The Utah Experience, 1850-1900," NBER Working Papers 0754, National Bureau of Economic Research, Inc.
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