Abstract:
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.