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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w29903 |
来源ID | Working Paper 29903 |
Assortative Mating and Wealth Inequality | |
Andreas Fagereng; Luigi Guiso; Luigi Pistaferri | |
发表日期 | 2022-04-04 |
出版年 | 2022 |
语种 | 英语 |
摘要 | We use population data on capital income and wealth holdings for Norway to measure asset positions and wealth returns before individuals marry and after the household is formed. These data allow us to establish a number of novel facts. First, individuals sort on personal wealth rather than parents' wealth. Assortative mating on own wealth dominates, and in fact renders assortative mating on parental wealth statistically insignificant. Second, people match also on their personal returns to wealth and assortative mating on returns is as strong as that on wealth. Third, post-marriage returns on family wealth are largely explained by the return of the spouse with the highest pre-marriage return. This suggests that family wealth is largely managed by the spouse with the highest potential to grow it. This is particularly true for households at the top of the wealth distribution at marriage. We use a simple analytical example to illustrate how assortative mating on wealth and returns and wealth management task allocation between spouses affect wealth inequality. |
主题 | Macroeconomics ; Consumption and Investment ; Labor Economics ; Demography and Aging |
URL | https://www.nber.org/papers/w29903 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/587575 |
推荐引用方式 GB/T 7714 | Andreas Fagereng,Luigi Guiso,Luigi Pistaferri. Assortative Mating and Wealth Inequality. 2022. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w29903.pdf(548KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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