scholarly journals The Wealth of Parents: Trends over Time in Assortative Mating Based on Parental Wealth

2019 ◽  
Author(s):  
Sander Wagner ◽  
Diederik Boertien ◽  
Mette Gørtz

This paper describes trends in parental wealth homogamy among union cohorts formed between 1987 and 2013 in Denmark. Using high-quality register data on the wealth of parents during the year of partnering, we show that the correlation between partners’ levels of parental wealth is considerably lower compared to estimates from earlier research on other countries. Nonetheless, parental wealth homogamy is high at the very top of the parental wealth distribution, and individuals from wealthy families are relatively unlikely to partner with individuals from families with low wealth. Parental wealth correlations among partners are higher when looking only at parental assets rather than net wealth, implying that the former might be a better measure for studying many social stratification processes. Most specifications indicate that homogamy increased in the 2000s relative to the 1990s, but trends can vary depending on methodological choices. The increasing levels of parental wealth homogamy raise concerns that, over time, partnering behavior has become more consequential for wealth inequality between couples.

2020 ◽  
Vol 110 (4) ◽  
pp. 1177-1205 ◽  
Author(s):  
Thomas Epper ◽  
Ernst Fehr ◽  
Helga Fehr-Duda ◽  
Claus Thustrup Kreiner ◽  
David Dreyer Lassen ◽  
...  

This paper documents a large association between individuals’ time discounting in incentivized experiments and their positions in the real-life wealth distribution derived from Danish high-quality administrative data for a large sample of middle-aged individuals. The association is stable over time, exists through the wealth distribution and remains large after controlling for education, income profile, school grades, initial wealth, parental wealth, credit constraints, demographics, risk preferences, and additional behavioral parameters. Our results suggest that savings behavior is a driver of the observed association between patience and wealth inequality as predicted by standard savings theory. (JEL C91, D15, D31, E21)


Demography ◽  
2020 ◽  
Vol 57 (5) ◽  
pp. 1809-1831 ◽  
Author(s):  
Sander Wagner ◽  
Diederik Boertien ◽  
Mette Gørtz

Demography ◽  
2021 ◽  
Author(s):  
Luca Maria Pesando

Abstract Sub-Saharan Africa (SSA) is undergoing rapid transformations in the realm of union formation in tandem with significant educational expansion and rising labor force participation rates. Concurrently, the region remains the least developed and most unequal along multiple dimensions of human and social development. In spite of this unique scenario, never has the social stratification literature examined patterns and implications of educational assortative mating for inequality in SSA. Using 126 Demographic and Health Surveys from 39 SSA countries between 1986 and 2016, this study is the first to document changing patterns of educational assortative mating by marriage cohort, subregion, and household location of residence and relate them to prevailing sociological theories on mating and development. Results show that net of shifts in educational distributions, mating has increased over marriage cohorts in all subregions except for Southern Africa, with increases driven mostly by rural areas. Trends in rural areas align with the status attainment hypothesis, whereas trends in urban areas are consistent with the inverted U-curve framework and the increasing applicability of the general openness hypothesis. The inequality analysis conducted through a combination of variance decomposition and counterfactual approaches reveals that mating accounts for a nonnegligible share (3% to 12%) of the cohort-specific inequality in household wealth, yet changes in mating over time hardly move time trends in wealth inequality, which is in line with findings from high-income societies.


Author(s):  
Jonathan P. Hill

This chapter evaluates survey measures, primarily from the USA, on science, religion and beliefs about human origins. The bulk of the chapter offers a compilation of measures used in high quality, representative surveys. This scope is limited to the two most central types of items: those measuring beliefs about the relationship between science and religion and those measuring beliefs about evolution and human origins. Measures are analysed for trends over time and disaggregated by key measures of religious identity, practice, and belief. The chapter concludes with several critiques and considerations for improving survey-based analysis of science and belief. These critiques include a call for measures to be more carefully calibrated to how the public reflects on these issues. They also encourage the development of new measures on morality, progress, teleology (for both religion and science). Likewise, they argue that measures of social context (friends, family, congregations), and group identity and dynamics are often missed by conventional measures. Finally, the conclusion calls for careful attention to domains of conflict outside of human origins along with the development of techniques to avoid unintentionally priming conflict between religion and science.


2014 ◽  
Vol 51 ◽  
pp. 97-121 ◽  
Author(s):  
Aycan Çelikaksoy

AbstractThis paper investigates the labor and marriage market incorporation of individuals originating from Turkey in comparison to other migrant groups in Sweden. Using high-quality register data from Statistics Sweden, the progress of and challenges facing this group are analyzed in comparison to their European and Middle Eastern counterparts, both over time and over generations. The descriptive results point to the economic progress of individuals from Turkey over time and over generations, especially in the case of native-born females. The results show that native-born individuals with an origin from Turkey are more likely to be employed as compared to their counterparts from the New 10 EU member states, Bulgaria and Romania, and the Middle East. However, those originating from Turkey are less likely to intermarry as compared to other groups. Further analyses indicate that individual characteristics are more important for native-born individuals, as compared to immigrants, in explaining the observed gaps in the labor market as well as the marriage market. However, the role of individual characteristics in explaining differences across groups varies by gender as well as by generation.


2017 ◽  
Vol 41 (4) ◽  
pp. 615-644 ◽  
Author(s):  
Livio Di Matteo

The relationship between economic performance and wealth inequality at a regional level is examined using county-level wealth for Ontario in 1892 and 1902. The results find that after controlling for confounding factors, declining wealth inequality was generally accompanied by slower economic performance as measured by changes in wealth levels and manufacturing output over time. This suggests that a more egalitarian wealth distribution came perhaps at the price of less robust economic performance.


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