Modéliser la distribution des richesses en France
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.
Year of publication: |
2006
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Authors: | DIRER, Alexis ; WEITZENBLUM, Thomas |
Published in: |
Annales d'Economie et de Statistique. - École Nationale de la Statistique et de l'Admnistration Économique (ENSAE). - 2006, 82, p. 151-186
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Publisher: |
École Nationale de la Statistique et de l'Admnistration Économique (ENSAE) |
Saved in:
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