Marital Sorting and Parental Wealth
The extent of marital sorting by socioeconomic background has implications for the intergenerational transmission of inequality, the role of marriage as a mechanism for social mobility, and the extent of cross-group interactions within a society. However, studies of assortative mating have dispropor...
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| Veröffentlicht in: | Demography 2013-02, Vol.50 (1), p.51-70 |
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| creator | Charles, Kerwin Kofi Hurst, Erik Killewald, Alexandra |
| description | The extent of marital sorting by socioeconomic background has implications for the intergenerational transmission of inequality, the role of marriage as a mechanism for social mobility, and the extent of cross-group interactions within a society. However, studies of assortative mating have disproportionately focused on spouses' education, rather than their social origins. Using data from the Panel Study of Income Dynamics (PSID), and exploiting the unique genealogical design of the data set, we study the degree to which spouses sort on the basis of parental wealth. We find that the estimated correlation in parental wealth among married spouses, after controlling for race and age, is about .4. Importantly, we show that controlling for spousal education explains only one-quarter of sorting based on parental wealth. We show that our results are robust to accounting for measurement error in spousal reports of parental wealth and for selection into and out of marriage. |
| doi_str_mv | 10.1007/s13524-012-0144-6 |
| format | Article |
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However, studies of assortative mating have disproportionately focused on spouses' education, rather than their social origins. Using data from the Panel Study of Income Dynamics (PSID), and exploiting the unique genealogical design of the data set, we study the degree to which spouses sort on the basis of parental wealth. We find that the estimated correlation in parental wealth among married spouses, after controlling for race and age, is about .4. Importantly, we show that controlling for spousal education explains only one-quarter of sorting based on parental wealth. We show that our results are robust to accounting for measurement error in spousal reports of parental wealth and for selection into and out of marriage.</description><identifier>ISSN: 0070-3370</identifier><identifier>EISSN: 1533-7790</identifier><identifier>DOI: 10.1007/s13524-012-0144-6</identifier><identifier>PMID: 23001458</identifier><identifier>CODEN: DMGYAH</identifier><language>eng</language><publisher>Boston: Springer</publisher><subject>Adult ; Adult children ; Assortative mating ; Children ; Demography ; Education ; Educational attainment ; Error of Measurement ; Estimates ; Estimation bias ; Family Characteristics ; Female ; Geography ; Humans ; Husbands ; Income ; Income - statistics & numerical data ; Inequality ; Instrumental variables estimation ; Intergenerational Relations ; Interpersonal relations ; Male ; Marital stability ; Marital Status - statistics & numerical data ; Marriage ; Married persons ; Medicine/Public Health ; Parent attitudes ; Parents ; Parents & parenting ; PARENTS AND PARENTING ; Population Economics ; Race ; Social Mobility ; Social Sciences ; Socioeconomic Factors ; Sociology ; Spouses ; Studies ; Upward mobility ; Wealth ; Wives</subject><ispartof>Demography, 2013-02, Vol.50 (1), p.51-70</ispartof><rights>2013 Population Association of America</rights><rights>Population Association of America 2012</rights><rights>Population Association of America 2013</rights><lds50>peer_reviewed</lds50><oa>free_for_read</oa><woscitedreferencessubscribed>false</woscitedreferencessubscribed><citedby>FETCH-LOGICAL-c602t-40c7d26ca48d501837c00c6be20fc263fd0ea509d0dfeadaa395619e2a1a95873</citedby><cites>FETCH-LOGICAL-c602t-40c7d26ca48d501837c00c6be20fc263fd0ea509d0dfeadaa395619e2a1a95873</cites></display><links><openurl>$$Topenurl_article</openurl><openurlfulltext>$$Topenurlfull_article</openurlfulltext><thumbnail>$$Tsyndetics_thumb_exl</thumbnail><linktopdf>$$Uhttps://www.jstor.org/stable/pdf/23358832$$EPDF$$P50$$Gjstor$$H</linktopdf><linktohtml>$$Uhttps://www.jstor.org/stable/23358832$$EHTML$$P50$$Gjstor$$H</linktohtml><link.rule.ids>314,780,784,803,27344,27924,27925,33774,33775,41488,42557,51319,58017,58250</link.rule.ids><backlink>$$Uhttps://www.ncbi.nlm.nih.gov/pubmed/23001458$$D View this record in MEDLINE/PubMed$$Hfree_for_read</backlink></links><search><creatorcontrib>Charles, Kerwin Kofi</creatorcontrib><creatorcontrib>Hurst, Erik</creatorcontrib><creatorcontrib>Killewald, Alexandra</creatorcontrib><title>Marital Sorting and Parental Wealth</title><title>Demography</title><addtitle>Demography</addtitle><addtitle>Demography</addtitle><description>The extent of marital sorting by socioeconomic background has implications for the intergenerational transmission of inequality, the role of marriage as a mechanism for social mobility, and the extent of cross-group interactions within a society. However, studies of assortative mating have disproportionately focused on spouses' education, rather than their social origins. Using data from the Panel Study of Income Dynamics (PSID), and exploiting the unique genealogical design of the data set, we study the degree to which spouses sort on the basis of parental wealth. We find that the estimated correlation in parental wealth among married spouses, after controlling for race and age, is about .4. Importantly, we show that controlling for spousal education explains only one-quarter of sorting based on parental wealth. We show that our results are robust to accounting for measurement error in spousal reports of parental wealth and for selection into and out of marriage.</description><subject>Adult</subject><subject>Adult children</subject><subject>Assortative mating</subject><subject>Children</subject><subject>Demography</subject><subject>Education</subject><subject>Educational attainment</subject><subject>Error of Measurement</subject><subject>Estimates</subject><subject>Estimation bias</subject><subject>Family Characteristics</subject><subject>Female</subject><subject>Geography</subject><subject>Humans</subject><subject>Husbands</subject><subject>Income</subject><subject>Income - statistics & numerical data</subject><subject>Inequality</subject><subject>Instrumental variables estimation</subject><subject>Intergenerational Relations</subject><subject>Interpersonal relations</subject><subject>Male</subject><subject>Marital stability</subject><subject>Marital Status - statistics & numerical data</subject><subject>Marriage</subject><subject>Married persons</subject><subject>Medicine/Public Health</subject><subject>Parent attitudes</subject><subject>Parents</subject><subject>Parents & parenting</subject><subject>PARENTS AND PARENTING</subject><subject>Population Economics</subject><subject>Race</subject><subject>Social Mobility</subject><subject>Social Sciences</subject><subject>Socioeconomic Factors</subject><subject>Sociology</subject><subject>Spouses</subject><subject>Studies</subject><subject>Upward 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| subjects | Adult Adult children Assortative mating Children Demography Education Educational attainment Error of Measurement Estimates Estimation bias Family Characteristics Female Geography Humans Husbands Income Income - statistics & numerical data Inequality Instrumental variables estimation Intergenerational Relations Interpersonal relations Male Marital stability Marital Status - statistics & numerical data Marriage Married persons Medicine/Public Health Parent attitudes Parents Parents & parenting PARENTS AND PARENTING Population Economics Race Social Mobility Social Sciences Socioeconomic Factors Sociology Spouses Studies Upward mobility Wealth Wives |
| title | Marital Sorting and Parental Wealth |
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