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...

In the United States, racial disparities in wealth are vast, yet their causes are only partially understood. In Being Black, Living in the Red, Conley (<CitationRef CitationID="CR10">1999</CitationRef>) argued that the sociodemographic traits of young blacks and their parents, particularly parental wealth, wholly explain their wealth...</citationref>