... Simon Soret was no doubt a student in Paris and was there to train as a doctor, but later h... more ... Simon Soret was no doubt a student in Paris and was there to train as a doctor, but later he returned to his boyhood region to practice medicine. ... Faron, O. and Grange, C., 1999. ... Henry, L., 1971. Le volume de l'immigration à Paris de 1740 à 1792. Population 6, pp. 10731085. ...
ABSTRACT In this paper, we reconstruct the wealth path of an ascending line of descendants in a r... more ABSTRACT In this paper, we reconstruct the wealth path of an ascending line of descendants in a rural area at XIXe and XXe century and we describe theoretically the process of accumulation and transmission of wealth with microeconomic models of saving. The wealth profile of each generation was build with all their transactions over the life cycle (purchase, sale, exchange, marriage settlement, gifth, inheritance). In this prospect, we use the records of the Registration. This data allowed us to illustrate several wealth accumulation models (life cycle hypothesis, inheritance models, intra-family exchange). In future research, we want to build a sample of lines of descendants to develop new empirical tests of theoretic model based on historical data. More generally, we could tackle the question of relevance of modern theoretic model to explain wealth behaviour in the past.
This paper uses historical data from the "3000 familles" survey, covering indiv... more This paper uses historical data from the "3000 familles" survey, covering individuals in the Lower Loire departement in the 19th and early 20th century, to measure the intergenerational transmission of wealth inequality over the period 1800-1938. Our results reveal a large degree of intergenerational immobility: those whose father had twice the average level of wealth themselves die with a wealth level 1.45 times the average for their generation.
This paper uses historical data from the "3000 familles" survey, covering indiv... more This paper uses historical data from the "3000 familles" survey, covering individuals in the Lower Loire departement in the 19th and early 20th century, to measure the intergenerational transmission of wealth inequality over the period 1800-1938. Our results reveal a large degree of intergenerational immobility: those whose father had twice the average level of wealth themselves die with a wealth level 1.45 times the average for their generation.
This paper endeavors to measure the intergenerational transmission of wealth inequalities over th... more 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.
This research seeks to trace the transfer of wealth down the male line of a rural French family t... more This research seeks to trace the transfer of wealth down the male line of a rural French family through the 19th and 20th centuries, and to decipher the logic of accumulating and transferring wealth. The subject will be approached from an angle different from that of Segalen [Ethnol. Fr. 8 (1978) 271], who followed which farmers had cultivated the same
Only few empirical studies of intergeneration transfers using historical data have considered the... more Only few empirical studies of intergeneration transfers using historical data have considered the period when the State intervened relatively little in family life and when financial institutions were far less- developed than they are today. This paper uses historical data from the "3 000 familles" covering individuals in the Lower Loire departement in the 19th and early 20th century. These data allow us to confirm a number of theoretical predictions. In particular, we reveal a strong influence of past inheritances on individuals' future bequests. We also show that the amount bequeathed falls after the age of 66, as wealth is consumed. This could reflect either the financing of retirement, or transfers to children in return for care or other services. Last, we find that the amount transferred is higher when the number of children is smaller, providing evidence for the bequest motive in the 19th Century.
... Simon Soret was no doubt a student in Paris and was there to train as a doctor, but later h... more ... Simon Soret was no doubt a student in Paris and was there to train as a doctor, but later he returned to his boyhood region to practice medicine. ... Faron, O. and Grange, C., 1999. ... Henry, L., 1971. Le volume de l'immigration à Paris de 1740 à 1792. Population 6, pp. 10731085. ...
ABSTRACT In this paper, we reconstruct the wealth path of an ascending line of descendants in a r... more ABSTRACT In this paper, we reconstruct the wealth path of an ascending line of descendants in a rural area at XIXe and XXe century and we describe theoretically the process of accumulation and transmission of wealth with microeconomic models of saving. The wealth profile of each generation was build with all their transactions over the life cycle (purchase, sale, exchange, marriage settlement, gifth, inheritance). In this prospect, we use the records of the Registration. This data allowed us to illustrate several wealth accumulation models (life cycle hypothesis, inheritance models, intra-family exchange). In future research, we want to build a sample of lines of descendants to develop new empirical tests of theoretic model based on historical data. More generally, we could tackle the question of relevance of modern theoretic model to explain wealth behaviour in the past.
This paper uses historical data from the "3000 familles" survey, covering indiv... more This paper uses historical data from the "3000 familles" survey, covering individuals in the Lower Loire departement in the 19th and early 20th century, to measure the intergenerational transmission of wealth inequality over the period 1800-1938. Our results reveal a large degree of intergenerational immobility: those whose father had twice the average level of wealth themselves die with a wealth level 1.45 times the average for their generation.
This paper uses historical data from the "3000 familles" survey, covering indiv... more This paper uses historical data from the "3000 familles" survey, covering individuals in the Lower Loire departement in the 19th and early 20th century, to measure the intergenerational transmission of wealth inequality over the period 1800-1938. Our results reveal a large degree of intergenerational immobility: those whose father had twice the average level of wealth themselves die with a wealth level 1.45 times the average for their generation.
This paper endeavors to measure the intergenerational transmission of wealth inequalities over th... more 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.
This research seeks to trace the transfer of wealth down the male line of a rural French family t... more This research seeks to trace the transfer of wealth down the male line of a rural French family through the 19th and 20th centuries, and to decipher the logic of accumulating and transferring wealth. The subject will be approached from an angle different from that of Segalen [Ethnol. Fr. 8 (1978) 271], who followed which farmers had cultivated the same
Only few empirical studies of intergeneration transfers using historical data have considered the... more Only few empirical studies of intergeneration transfers using historical data have considered the period when the State intervened relatively little in family life and when financial institutions were far less- developed than they are today. This paper uses historical data from the "3 000 familles" covering individuals in the Lower Loire departement in the 19th and early 20th century. These data allow us to confirm a number of theoretical predictions. In particular, we reveal a strong influence of past inheritances on individuals' future bequests. We also show that the amount bequeathed falls after the age of 66, as wealth is consumed. This could reflect either the financing of retirement, or transfers to children in return for care or other services. Last, we find that the amount transferred is higher when the number of children is smaller, providing evidence for the bequest motive in the 19th Century.
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