THE APPLICATION OF THE CONSTANT PRICE METHOD FOR EVALUATING THE TRANSFER RELATED TO INFLATION: THE CASE OF FRENCH HOUSEHOLDS
Andre Babeau
Review of Income and Wealth, 1978, vol. 24, issue 4, 391-414
Abstract:
The constant price method is used here to evaluate transfers related to inflation either between households and other economic agents (essentially enterprises) or among groups of households defined by occupation, age class and so on. The results obtained are only fragmentary due to a lack of many pieces of information. The method requires in fact the splitting up of every value variation into a price component and a size component. Nevertheless, some interesting results are shown. In recent years, if the total productivity surplus has always been positive, the wealth surplus of households is sometimes positive, sometimes negative. Concerning the distribution of the productivity surplus among household groups, it has not been possible to find significant distortions, other than those which are related to differences in the propensity to save. On the contrary, marked distortions appear in the distribution of the wealth surplus due to wide differences in estate composition and indebtedness level.
Date: 1978
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https://doi.org/10.1111/j.1475-4991.1978.tb00066.x
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Persistent link: https://EconPapers.repec.org/RePEc:bla:revinw:v:24:y:1978:i:4:p:391-414
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