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Where have (almost) all the wealthy gone? Spatial decomposition of wealth trends in France, 1820-1939

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  • BOURDIEU Jérôme
  • MENENDEZ Martha
  • POSTEL-VINAY Gilles
  • SUWA-EISENMANN Akiko

    ()

Abstract

This paper uses a unique database of individual estates to explore the geographical dimension in the historical evolution of the wealth distribution in France since 1820 onwards. We use inequality index decomposition techniques and micro-simulations of wealth distributions to stress the differences in economic growth and wealth accumulation between rural areas, provincial towns and Paris.

Suggested Citation

  • BOURDIEU Jérôme & MENENDEZ Martha & POSTEL-VINAY Gilles & SUWA-EISENMANN Akiko, 2007. "Where have (almost) all the wealthy gone? Spatial decomposition of wealth trends in France, 1820-1939," Research Unit Working Papers 0710, Laboratoire d'Economie Appliquee, INRA.
  • Handle: RePEc:lea:leawpi:0710
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    References listed on IDEAS

    as
    1. Stephen Jenkins & Philippe Kerm, 2005. "Accounting for income distribution trends: A density function decomposition approach," The Journal of Economic Inequality, Springer;Society for the Study of Economic Inequality, vol. 3(1), pages 43-61, April.
    2. DiNardo, John & Fortin, Nicole M & Lemieux, Thomas, 1996. "Labor Market Institutions and the Distribution of Wages, 1973-1992: A Semiparametric Approach," Econometrica, Econometric Society, vol. 64(5), pages 1001-1044, September.
    3. Esteban, Joan & Ray, Debraj, 1994. "On the Measurement of Polarization," Econometrica, Econometric Society, vol. 62(4), pages 819-851, July.
    4. Thomas Piketty & Gilles Postel-Vinay & Jean-Laurent Rosenthal, 2006. "Wealth Concentration in a Developing Economy: Paris and France, 1807–1994," American Economic Review, American Economic Association, vol. 96(1), pages 236-256, March.
    5. Kakwani, Nanak, 1993. "Poverty and Economic Growth with Application to Cote d'Ivoire," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 39(2), pages 121-139, June.
    6. Jenkins, Stephen P. & Jantti, Markus, 2005. "Methods for summarizing and comparing wealth distributions," ISER Working Paper Series 2005-05, Institute for Social and Economic Research.
    7. Ravallion, M. & Datt, G., 1991. "Growth and Redistribution Components of Changes in Poverty Measures," Papers 83, World Bank - Living Standards Measurement.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    wealth distribution; decomposition; dualism.;

    JEL classification:

    • C14 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Semiparametric and Nonparametric Methods: General
    • J11 - Labor and Demographic Economics - - Demographic Economics - - - Demographic Trends, Macroeconomic Effects, and Forecasts
    • H20 - Public Economics - - Taxation, Subsidies, and Revenue - - - General
    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure

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