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

Jérôme Bourdieu, Marta Menendez, Gilles Postel-Vinay and Akiko Suwa-Eisenmann
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Jérôme Bourdieu: Paris School of Economics, INRA, Paris

Review of Agricultural and Environmental Studies - Revue d'Etudes en Agriculture et Environnement, 2008, vol. 87, issue 2, pages 5-25

Abstract: This paper examines the evolution of wealth distribution in France during the urbanization process of the nineteenth century, based on a comprehensive dataset of individual inheritances. It presents a spatial decomposition between rural and urban areas, distinguishing Paris from other cities. We use a non-parametric approach based on wealth density functions. Changes in the level of wealth explained most of the spatial evolution of wealth during 1820-1939; at the turn of the century however, the effect of urbanization on wealth distribution increased gradually.

Keywords: wealth distribution; decomposition; semi-parametric and nonparametric methods (search for similar items in EconPapers)
JEL-codes: C14 J11 H20 O18 (search for similar items in EconPapers)
Date: 2008
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