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inequality, the role of marriage as a mechanism for social mobility, and the extent of cross-group interactions within a society … 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 …
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recession, resulting in a substantial rise in unemployment, and income and wealth inequality. This paper uses longitudinal data … from the Survey of Household Finances over the period 2002 to 2014 to examine the distributions of income and wealth in … both income and wealth following the sharp decline in house prices that occurred since 2008, with house price fluctuations …
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