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http://hdl.handle.net/10419/56113
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| Title: | | Lady and the trump: Status and wealth in the marriage market  |
| Authors: | | Almenberg, Johan Dreber, Anna |
| Issue Date: | | 2008 |
| Series/Report no.: | | SSE/EFI Working Paper Series in Economics and Finance 690 |
| Abstract: | | We examine a relatively neglected aspect of intergenerational transmission of economic standing, namely culturally determined status markers and their valuation in the marriage market. We take nobility to be such a status marker. Using data on Swedish marriages, we test the hypothesis that nobility have a greater probability of marrying up in terms of wealth. We find a large and statistically significant positive effect for nobility. This finding has important implications for the intergenerational transmission of inequality, and for the longevity of the institution of nobility itself. |
| Subjects: | | Marriage Status Intergenerational Transmission Nobility |
| JEL: | | J11 J12 |
| Document Type: | | Working Paper |
| Appears in Collections: | | SSE/EFI Working Paper Series in Economics and Finance, EFI - The Economic Research Institute, Stockholm School of Economics
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