The wealth of parents

This article 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 considerabl...

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Detalhes bibliográficos
Autores: Wagner, Sander, Boertien, Diederik|||0000-0002-4105-8001, Gørtz, Mette
Tipo de documento: artigo
Data de publicação:2020
País:España
Recursos:Universitat Autònoma de Barcelona
Repositório:Dipòsit Digital de Documents de la UAB
Idioma:inglês
OAI Identifier:oai:ddd.uab.cat:236789
Acesso em linha:https://ddd.uab.cat/record/236789
https://dx.doi.org/urn:doi:10.1007/s13524-020-00906-3
Access Level:Acceso aberto
Palavra-chave:Wealth
Inequality
Assortative mating
Intergenerational processes
Partnering
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spelling The wealth of parentstrends over time in assortative mating based on parental wealthWagner, SanderBoertien, Diederik|||0000-0002-4105-8001Gørtz, MetteWealthInequalityAssortative matingIntergenerational processesPartneringThis article 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 with estimates from 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 only parental assets rather than net wealth are examined, 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. 22020-01-0120202020-01-01Articlehttp://purl.org/coar/resource_type/c_6501SMURhttp://purl.org/coar/version/c_71e4c1898caa6e32info:eu-repo/semantics/articleapplication/pdfhttps://ddd.uab.cat/record/236789https://dx.doi.org/urn:doi:10.1007/s13524-020-00906-3reponame:Dipòsit Digital de Documents de la UABinstname:Universitat Autònoma de BarcelonaInglésengEuropean Commission https://doi.org/10.13039/501100000780 637768Agència de Gestió d'Ajuts Universitaris i de Recerca https://doi.org/10.13039/501100003030 2016-BP-00121open accesshttp://purl.org/coar/access_right/c_abf2Aquest material està protegit per drets d'autor i/o drets afins. Podeu utilitzar aquest material en funció del que permet la legislació de drets d'autor i drets afins d'aplicació al vostre cas. Per a d'altres usos heu d'obtenir permís del(s) titular(s) de drets.https://rightsstatements.org/vocab/InC/1.0/info:eu-repo/semantics/openAccessoai:ddd.uab.cat:2367892026-06-06T12:50:31Z
dc.title.none.fl_str_mv The wealth of parents
trends over time in assortative mating based on parental wealth
title The wealth of parents
spellingShingle The wealth of parents
Wagner, Sander
Wealth
Inequality
Assortative mating
Intergenerational processes
Partnering
title_short The wealth of parents
title_full The wealth of parents
title_fullStr The wealth of parents
title_full_unstemmed The wealth of parents
title_sort The wealth of parents
dc.creator.none.fl_str_mv Wagner, Sander
Boertien, Diederik|||0000-0002-4105-8001
Gørtz, Mette
author Wagner, Sander
author_facet Wagner, Sander
Boertien, Diederik|||0000-0002-4105-8001
Gørtz, Mette
author_role author
author2 Boertien, Diederik|||0000-0002-4105-8001
Gørtz, Mette
author2_role author
author
dc.subject.none.fl_str_mv Wealth
Inequality
Assortative mating
Intergenerational processes
Partnering
topic Wealth
Inequality
Assortative mating
Intergenerational processes
Partnering
description This article 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 with estimates from 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 only parental assets rather than net wealth are examined, 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.
publishDate 2020
dc.date.none.fl_str_mv 2
2020-01-01
2020
2020-01-01
dc.type.none.fl_str_mv Article
http://purl.org/coar/resource_type/c_6501
SMUR
http://purl.org/coar/version/c_71e4c1898caa6e32
dc.type.openaire.fl_str_mv info:eu-repo/semantics/article
format article
dc.identifier.none.fl_str_mv https://ddd.uab.cat/record/236789
https://dx.doi.org/urn:doi:10.1007/s13524-020-00906-3
url https://ddd.uab.cat/record/236789
https://dx.doi.org/urn:doi:10.1007/s13524-020-00906-3
dc.language.none.fl_str_mv Inglés
eng
language_invalid_str_mv Inglés
language eng
dc.relation.none.fl_str_mv European Commission https://doi.org/10.13039/501100000780 637768
Agència de Gestió d'Ajuts Universitaris i de Recerca https://doi.org/10.13039/501100003030 2016-BP-00121
dc.rights.none.fl_str_mv open access
http://purl.org/coar/access_right/c_abf2
https://rightsstatements.org/vocab/InC/1.0/
dc.rights.openaire.fl_str_mv info:eu-repo/semantics/openAccess
rights_invalid_str_mv open access
http://purl.org/coar/access_right/c_abf2
https://rightsstatements.org/vocab/InC/1.0/
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.source.none.fl_str_mv reponame:Dipòsit Digital de Documents de la UAB
instname:Universitat Autònoma de Barcelona
instname_str Universitat Autònoma de Barcelona
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