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Title: Thrifty Pensioners: Pensions and Savings in France at the Turn of the Twentieth Century

Citation Type: Journal Article

Publication Year: 2011

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Abstract: Building on a large sample of elderly French individuals, we evaluate the resources that were available to the old. We find that a considerable percentage of the French population did not have sufficient assets to live off of when aged. We compare the savings behaviors of pensioners and non-pensioners at a time when only a small part of the labor force was entitled to a pension. We show that pensioners were better able to accumulate wealth than were non-pensioners, even when we take into account their occupation and inherited wealth.

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Authors: Bourdieu, Jrme; Postel-Vinay, Gilles; Kesztenbaum, Lionel

Periodical (Full): The Journal of Economic History

Issue: 2

Volume: 71

Pages: 383-412

Data Collections: IPUMS USA

Topics: Aging and Retirement

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