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Another Aspect of Social Inequality, Wealth, in a Super-Aged Society, Japan: Re-examining the Conventional Framework of Social Stratification

In: Social Stratification in an Aging Society with Low Fertility

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  • Sawako Shirahase

    (The University of Tokyo)

Abstract

In this chapter, I discuss whether the mechanism generating social stratification changes when we consider the aging population as well as the change in the household structure. Three main topics are examined: (1) economic inequality in terms of income and savings, (2) the relationship between intergenerational occupational mobility and wealth inheritance, and (3) determinants of the economic well-being of the elderly, represented by the total value of household income and real savings. We found out that in the late-life stage, the demographic aspects such as marital status and sibling order, and relationships with other family members become important in determining economic well-being.

Suggested Citation

  • Sawako Shirahase, 2022. "Another Aspect of Social Inequality, Wealth, in a Super-Aged Society, Japan: Re-examining the Conventional Framework of Social Stratification," Economy and Social Inclusion, in: Sawako Shirahase (ed.), Social Stratification in an Aging Society with Low Fertility, chapter 0, pages 193-214, Springer.
    • Handle: RePEc:spr:ecochp:978-981-19-3647-0_10
    DOI: 10.1007/978-981-19-3647-0_10
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