IDEAS home Printed from https://ideas.repec.org/h/elg/eechap/3654_10.html
   My bibliography  Save this book chapter

Parental Wealth Effects on Living Standards and Asset Holdings: Results from Chile

In: International Perspectives on Household Wealth

Author

Listed:
  • Florencia Torche
  • Seymour Spilerman

Abstract

The contributors to this comprehensive book compile and analyse the latest data available on household wealth using, as case studies, the United States, Canada, Germany, Italy, Sweden, and Finland during the 1990s and into the twenty-first century. The authors show that in the US, trends are highlighted in terms of wealth holdings, among the low-income population, along with changes in wealth polarization, racial differences in wealth holdings, and the dynamics of portfolio choices. The consensus between the authors is that wealth inequality has generally risen among these OECD countries since the early 1980s, although Germany stands out as an exception. In the case of the US, it is also noted that wealth holdings have generally failed to improve among low-income families and that the racial wealth gap widened during the late 1980s.

Suggested Citation

  • Florencia Torche & Seymour Spilerman, 2006. "Parental Wealth Effects on Living Standards and Asset Holdings: Results from Chile," Chapters, in: Edward N. Wolff (ed.), International Perspectives on Household Wealth, chapter 10, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:3654_10
    as

    Download full text from publisher

    File URL: https://www.elgaronline.com/view/1845421167.00019.xml
    Download Restriction: no
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Gary V. Engelhardt & Christopher J. Mayer, 1994. "Gifts for home purchase and housing market behavior," New England Economic Review, Federal Reserve Bank of Boston, issue May, pages 47-58.
    2. Gary S. Becker, 1981. "A Treatise on the Family," NBER Books, National Bureau of Economic Research, Inc, number beck81-1.
    3. Dante Contreras, 2002. "Explaining Wage Inequality in Chile: Does Education Really Matter?," Journal of Income Distribution, Ad libros publications inc., vol. 11(1-2), pages 3-3, June.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Fabian T. Pfeffer & Martin Hällsten, 2012. "Mobility Regimes and Parental Wealth: The United States, Germany, and Sweden in Comparison," SOEPpapers on Multidisciplinary Panel Data Research 500, DIW Berlin, The German Socio-Economic Panel (SOEP).
    2. Seymour Spilerman & Francois-Charles Wolff, 2012. "Parental wealth and resource transfers: How they matter in France for home ownership and living standards," Post-Print hal-03914532, HAL.
    3. Hällsten, Martin & Pfeffer, Fabian T., 2017. "Grand advantage: family wealth and grandchildren's educational achievement in Sweden," Working Paper Series 2017:3, IFAU - Institute for Evaluation of Labour Market and Education Policy.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Guillaume Allègre & Thomas Melonio & Xavier Timbeau, 2012. "Dépenses publiques d'éducation et inégalités. Une perspective de cycle de vie," Revue économique, Presses de Sciences-Po, vol. 63(6), pages 1055-1079.
    2. Alessandro Cigno, 2007. "A Theoretical Analysis of the Effects of Legislation on Marriage, Fertility, Domestic Division of Labour, and the Education of Children," CESifo Working Paper Series 2143, CESifo.
    3. Maristella Botticini & Aloysius Siow, 2003. "Why Dowries?," American Economic Review, American Economic Association, vol. 93(4), pages 1385-1398, September.
    4. Lamia Kandil & Hélène Perivier, 2017. "La division sexuée du travail dans les couples selon le statut marital en France - une étude à partir des enquêtes emploi du temps de 1985-1986, 1998-1999, et 2009-2010," Documents de Travail de l'OFCE 2017-03, Observatoire Francais des Conjonctures Economiques (OFCE).
    5. Robert Kaestner, 1995. "The Effects of Cocaine and Marijuana Use on Marriage and Marital Stability," NBER Working Papers 5038, National Bureau of Economic Research, Inc.
    6. Yan Yu, 2015. "The Male Breadwinner/Female Homemaker Model and Perceived Marital Stability: A Comparison of Chinese Wives in the United States and Urban China," Journal of Family and Economic Issues, Springer, vol. 36(1), pages 34-47, March.
    7. Kota Ogasawara & Mizuki Komura, 2022. "Consequences of war: Japan’s demographic transition and the marriage market," Journal of Population Economics, Springer;European Society for Population Economics, vol. 35(3), pages 1037-1069, July.
    8. Allan Puur & Leen Rahnu & Liili Abuladze & Luule Sakkeus & Sergei Zakharov, 2017. "Childbearing among first- and second-generation Russians in Estonia against the background of the sending and host countries," Demographic Research, Max Planck Institute for Demographic Research, Rostock, Germany, vol. 36(41), pages 1209-1254.
    9. Sunnee Billingsley, 2010. "The Post-Communist Fertility Puzzle," Population Research and Policy Review, Springer;Southern Demographic Association (SDA), vol. 29(2), pages 193-231, April.
    10. Marcén, Miriam & Molina, José Alberto & Morales, Marina, 2018. "The effect of culture on the fertility decisions of immigrant women in the United States," Economic Modelling, Elsevier, vol. 70(C), pages 15-28.
    11. Peggy Barlett & Linda Lobao & Katherine Meyer, 1999. "Diversity in attitudes toward farming and patterns of work among farm women: A regional comparison," Agriculture and Human Values, Springer;The Agriculture, Food, & Human Values Society (AFHVS), vol. 16(4), pages 343-354, December.
    12. Michael E. Martell & Peyton Nash, 2020. "For Love and Money? Earnings and Marriage Among Same-Sex Couples," Journal of Labor Research, Springer, vol. 41(3), pages 260-294, September.
    13. William S. Schulze & Michael H. Lubatkin & Richard N. Dino, 2002. "Altruism, agency, and the competitiveness of family firms," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 23(4-5), pages 247-259.
    14. Luis Garicano & Thomas N. Hubbard, 2016. "The Returns to Knowledge Hierarchies," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 32(4), pages 653-684.
    15. Jeffrey T. Macher & John W. Mayo & Olga Ukhaneva & Glenn A. Woroch, 2017. "From universal service to universal connectivity," Journal of Regulatory Economics, Springer, vol. 52(1), pages 77-104, August.
    16. Ravi Prakash & Abhishek Singh, 2014. "Who Marries Whom? Changing Mate Selection Preferences in Urban India and Emerging Implications on Social Institutions," Population Research and Policy Review, Springer;Southern Demographic Association (SDA), vol. 33(2), pages 205-227, April.
    17. Jennifer Roberts & Karl Taylor, 2017. "Intra-household commuting choices and local labour markets," Oxford Economic Papers, Oxford University Press, vol. 69(3), pages 734-757.
    18. Delia Furtado, 2012. "Human Capital And Interethnic Marriage Decisions," Economic Inquiry, Western Economic Association International, vol. 50(1), pages 82-93, January.
    19. Kazungu, Khatibu & Byaro, Mwoya, 2023. "Road to Divorce in Tanzania: What are the Main Factors?," African Journal of Economic Review, African Journal of Economic Review, vol. 11(5), December.
    20. Corno, Lucia & Voena, Alessandra, 2023. "Child marriage as informal insurance: Empirical evidence and policy simulations," Journal of Development Economics, Elsevier, vol. 162(C).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:elg:eechap:3654_10. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Darrel McCalla (email available below). General contact details of provider: http://www.e-elgar.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.