France’s national economic wealth declined in 2009 for the second year in a row

A. Couleaud and F. Delamarre

Quarterly selection of articles - Bulletin de la Banque de France, 2010, issue 19, 5-16

Abstract: In 2009, the value of France’s national economic wealth fell for the second year running, but at a slower rate than in 2008. The upturn in net financial wealth partly offset the more pronounced contraction in the value of non-financial wealth, which was essentially caused by weaker property prices.

Keywords: national wealth; net worth; financial assets; non-financial assets; non-financial agents; households; non-financial corporations; general government; financial corporations; housing; land; inventories; financing; investing; debt; capital; deposits; debt securities; loans; equities; Mutual fund shares; life insurance; bonds; home savings plans; euro-denominated/unit-linked policies. (search for similar items in EconPapers)
JEL-codes: G00 (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:bfr:quarte:2010:19:01

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