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

Publikation: Working paperForskning

Standard

The Wealth of Parents : Trends over Time in Assortative Mating Based on Parental Wealth. / Wagner, Sander; Boertien, Diederik; Gørtz, Mette.

2019.

Publikation: Working paperForskning

Harvard

Wagner, S, Boertien, D & Gørtz, M 2019 'The Wealth of Parents: Trends over Time in Assortative Mating Based on Parental Wealth'. https://doi.org/10.2139/ssrn.3409713

APA

Wagner, S., Boertien, D., & Gørtz, M. (2019). The Wealth of Parents: Trends over Time in Assortative Mating Based on Parental Wealth. CEBI Working Paper Series Nr. 03/19 https://doi.org/10.2139/ssrn.3409713

Vancouver

Wagner S, Boertien D, Gørtz M. The Wealth of Parents: Trends over Time in Assortative Mating Based on Parental Wealth. 2019 jun. 24. https://doi.org/10.2139/ssrn.3409713

Author

Wagner, Sander ; Boertien, Diederik ; Gørtz, Mette. / The Wealth of Parents : Trends over Time in Assortative Mating Based on Parental Wealth. 2019. (CEBI Working Paper Series; Nr. 03/19).

Bibtex

@techreport{dd83afadad684da3ba65bac7c511a62c,
title = "The Wealth of Parents: Trends over Time in Assortative Mating Based on Parental Wealth",
abstract = "This paper presents trends in parental wealth homogamy across union cohorts formed between 1987 and 2013 in Denmark. Using high-quality register data on the wealth of parents during the year of partnering through cohabitation or marriage, we show that the correlation between partners{\textquoteright} levels of parental wealth is considerably lower compared to estimates from earlier research on other contexts. 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 individuals from families with low wealth. Even though conclusions regarding trends in parental wealth homogamy depend on methodological choices made, most specifications indicate an increase in homogamy in the 2000s as compared to the 1990s. This raises concerns about the consequences of changes in partnering behavior for wealth inequality between households and social boundaries between groups based on parental wealth and particularly between the wealthiest individuals in society and the rest of the population.",
keywords = "Faculty of Social Sciences, Marriage, assortative mating, wealth",
author = "Sander Wagner and Diederik Boertien and Mette G{\o}rtz",
year = "2019",
month = jun,
day = "24",
doi = "10.2139/ssrn.3409713",
language = "English",
series = "CEBI Working Paper Series",
number = "03/19",
type = "WorkingPaper",

}

RIS

TY - UNPB

T1 - The Wealth of Parents

T2 - Trends over Time in Assortative Mating Based on Parental Wealth

AU - Wagner, Sander

AU - Boertien, Diederik

AU - Gørtz, Mette

PY - 2019/6/24

Y1 - 2019/6/24

N2 - This paper presents trends in parental wealth homogamy across union cohorts formed between 1987 and 2013 in Denmark. Using high-quality register data on the wealth of parents during the year of partnering through cohabitation or marriage, we show that the correlation between partners’ levels of parental wealth is considerably lower compared to estimates from earlier research on other contexts. 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 individuals from families with low wealth. Even though conclusions regarding trends in parental wealth homogamy depend on methodological choices made, most specifications indicate an increase in homogamy in the 2000s as compared to the 1990s. This raises concerns about the consequences of changes in partnering behavior for wealth inequality between households and social boundaries between groups based on parental wealth and particularly between the wealthiest individuals in society and the rest of the population.

AB - This paper presents trends in parental wealth homogamy across union cohorts formed between 1987 and 2013 in Denmark. Using high-quality register data on the wealth of parents during the year of partnering through cohabitation or marriage, we show that the correlation between partners’ levels of parental wealth is considerably lower compared to estimates from earlier research on other contexts. 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 individuals from families with low wealth. Even though conclusions regarding trends in parental wealth homogamy depend on methodological choices made, most specifications indicate an increase in homogamy in the 2000s as compared to the 1990s. This raises concerns about the consequences of changes in partnering behavior for wealth inequality between households and social boundaries between groups based on parental wealth and particularly between the wealthiest individuals in society and the rest of the population.

KW - Faculty of Social Sciences

KW - Marriage

KW - assortative mating

KW - wealth

U2 - 10.2139/ssrn.3409713

DO - 10.2139/ssrn.3409713

M3 - Working paper

T3 - CEBI Working Paper Series

BT - The Wealth of Parents

ER -

ID: 234214341