There is a capital taxation puzzle in most developed countries. Since the 1960s, revenues from wealth transfer taxation have been especially low and decreasing as a percentage of GDP, even to the extent of disappearing in quite a number of cases; by contrast, lifetime wealth or capital taxation...

Measuring individual preferences of savers have two main motivations: to reduce the share of non-observed heterogeneity in explaining households' wealth behaviors, and to construct more accurate tests of the theories of savings and portfolio choices. For France, we have constructed a unique data...

La crise a-t-elle rendu l'épargnant plus prudent ? Ce dernier a-t-il aujourd'hui " encore " moins d'appétence pour le risque qu'hier ? Et, si oui, faut-il s'en inquiéter, certains faisant déjà le constat d'un manque d'initiative et d'entreprise dans notre pays avec des épargnants...

Of limited revenue and being increasingly unpopular, the taxation of inheritance is often justified by a concern for social justice and redistribution: inequality of opportunity, unearned windfall income, high concentration and intergenerational reproduction of wealth, etc. In a country like...

The so-called existential approach tries to explain a number of ?anomalies? concerning saver?s behaviour over the life-cycle, without putting forward, as does the psycho-economic school, saver?s limited rationality. This approach takes into account the ?situation context? of the life-cycle saver...