Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/56113 
Year of Publication: 
2008
Series/Report no.: 
SSE/EFI Working Paper Series in Economics and Finance No. 690
Publisher: 
Stockholm School of Economics, The Economic Research Institute (EFI), Stockholm
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

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