58.8
The Multidimensional Aspects of Intergenerational Transmission of Wealth and Poverty in the Long Run: France, 1820-1960
We will address the question of the effect on individuals of a given generation of receiving capital from the previous generation. First, we will consider the transmission of material wealth, studying those who get any wealth versus those who get nothing before looking at the amount of inherited wealth. Second, we will take into account the composition of the inherited wealth (real estate, financial assets or working material for instance). In particular, we aim at differentiating the effect of transmission as a whole–or transmission of any type of wealth–from the transmission of particular goods (for instance any kind of land versus the one the individual has worked on with his father since his youth). Third, we will consider non-material inheritance–mainly education and occupation–and its interactions with wealth. We will investigate if other types of capital compensate the absence, or the scarcity, of wealth or if, conversely, inequalities are cumulative.