Universität zu Köln

Lersch, Philipp M. ORCID: 0000-0003-3863-8301 (2017). The Marriage Wealth Premium Revisited: Gender Disparities and Within-Individual Changes in Personal Wealth in Germany. Demography, 54 (3). S. 961 - 984. NEW YORK: SPRINGER. ISSN 1533-7790

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Abstract

This study examines the association between marriage and economic wealth of women and men. Going beyond previous research that focused on household wealth, I examine personal wealth, which allows identifying gender disparities in the association between marriage and wealth. Using unique data from the German Socio-Economic Panel Study (2002, 2007, and 2012), I apply random-effects and fixed-effects regression models to test my expectations. I find that both women and men experience substantial marriage wealth premiums not only in household wealth but also in personal wealth. However, I do not find consistent evidence for gender disparities in these general marriage premiums. Additional analyses indicate, however, that women's marriage premiums are substantially lower than men's premiums in older cohorts and when only nonhousing wealth is considered. Overall, this study provides new evidence that women and men gain unequally in their wealth attainment through marriage.

Item Type:	Journal Article
Creators:	Creators Email ORCID ORCID Put Code Lersch, Philipp M. UNSPECIFIED orcid.org/0000-0003-3863-8301 UNSPECIFIED
URN:	urn:nbn:de:hbz:38-228752
DOI:	10.1007/s13524-017-0572-4
Journal or Publication Title:	Demography
Volume:	54
Number:	3
Page Range:	S. 961 - 984
Date:	2017
Publisher:	SPRINGER
Place of Publication:	NEW YORK
ISSN:	1533-7790
Language:	English
Faculty:	Faculty of Management, Economy and Social Sciences
Divisions:	Faculty of Management, Economics and Social Sciences > Social Sciences > Sociology and Social Psychology > Department of Scociology
Subjects:	no entry
Uncontrolled Keywords:	Keywords Language ASSET ACCUMULATION; MONEY MANAGEMENT; INEQUALITY; COHABITATION; PATTERNS; HISTORY; INCOME; GAP; ALLOCATION; DIVISION Multiple languages Demography Multiple languages
Refereed:	Yes
URI:	http://kups.ub.uni-koeln.de/id/eprint/22875