Les rentes perpétuelles sur la Ville de Paris : un instrument valide pour organiser l'éternité ?
Résumé
We argue that the french sovereign bonds of the seventeenth century were not reliable enough to invest family wealth nor technical reserves of insurance companies (such as the Hotel Dieu life annuities) but they were still useful to show apparent wealth. Fideicommissum was then used by affluent families in the same way as class III assets subject to mark-to-model valuation using unobservable parameters in investment banking of the early xxith century.