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Intergenerational wealth mobility in France: 19th and 20th century

Abstract : This paper examines intergenerational wealth mobility between fathers and children in France between 1848 and 1960. Considering wealth mobility in the long run requires taking into account not only positional mobility (that is, how families move within a given distribution of wealth), but also structural mobility induced by changes in the distribution of wealth itself. Such changes are related to two structural phenomena: the rising number of nineteenthcentury individuals leaving no estate at death and the post-World War One decline in the number of the very rich who could live off their wealth. The usual indicators of intergenerational mobility, such as intergenerational elasticity, must be improved accordingly.
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  • HAL Id : hal-02798686, version 1
  • PRODINRA : 370287

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Akiko Suwa-Eisenmann, Gilles Postel-Vinay, Jérôme Bourdieu, Lionel Kesztenbaum. Intergenerational wealth mobility in France: 19th and 20th century. 26. Annual congress of the EEA et 65. ESEM. European Meeting of the Econometric Society, Econometric Society European Meeting (ESEM). NLD., Aug 2016, Genève, Switzerland. 30 p. ⟨hal-02798686⟩

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