Modéliser la distribution des richesses en France

Alexis Direr and Thomas Weitzenblum

Annals of Economics and Statistics, 2006, issue 82, 151-186

Abstract: A life-cycle consumption model is developed and calibrated using French data. We focus on several assumptions regarding the saving decision which allow the model to display wealth statistics close to the empirical French distribution of wealth. To do so, six income classes are included, which differ by their permanent income, their life expectancy, their likelihood to benefit from an intergenerational gift and by their employment transition in the labor market. We show that differences in saving return across income groups and the existence of a voluntary motive of bequest are two major ingredients which significantly improve the ability of the model to reproduce the French distribution of wealth.

Date: 2006
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.jstor.org/stable/20079155 (text/html)

Related works:
Working Paper: Modéliser la distribution des richesses en France (2006)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:adr:anecst:y:2006:i:82:p:151-186

Access Statistics for this article

Annals of Economics and Statistics is currently edited by Laurent Linnemer

More articles in Annals of Economics and Statistics from GENES Contact information at EDIRC.
Bibliographic data for series maintained by Secretariat General () and Laurent Linnemer ().