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The Effect of Assortative Mating on Wealth Inequality, why do the Rich Choose the Rich?

Author

Listed:
  • Arabela ICHIM

    (Dunarea de Jos University of Galati, Romania)

  • Mihaela NECULITA

    (Dunarea de Jos University of Galati, Romania)

  • Carmen GHELASE

    (Dunarea de Jos University of Galati, Romania)

  • Daniela Ancuta SARPE

    (Dunarea de Jos University of Galati, Romania)

Abstract

This paper unravels the effect of assortative mating on wealth inequality. In light of the reviewed literature, it is concluded that there is a significant effect of assortative mating on wealth inequality, it is mainly driven by similarity in background and similar views on lifestyle, including saving habits. These findings are in line with the matching hypothesis. However, the competition hypothesis of having an inherent interest in a partner with a high socio-economic status cannot be ruled out. Another relevant finding highlights how redistributive policies might enable individuals to cross social boundaries when partnering up and foster social cohesion.

Suggested Citation

  • Arabela ICHIM & Mihaela NECULITA & Carmen GHELASE & Daniela Ancuta SARPE, 2023. "The Effect of Assortative Mating on Wealth Inequality, why do the Rich Choose the Rich?," Economics and Applied Informatics, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, issue 2, pages 134-137.
    • Handle: RePEc:ddj:fseeai:y:2023:i:2:p:134-137
    DOI: 10.35219/eai15840409347
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    References listed on IDEAS

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