Love and money with inheritance: marital sorting between labor income and inherited wealth in the modern partnership

Junyi Zhu and Etienne Pasteau

VfS Annual Conference 2017 (Vienna): Alternative Structures for Money and Banking from Verein für Socialpolitik / German Economic Association

Abstract: The relative attractions from both inherited and acquired traits in martial choices can change. We expand the traditional dimension of assortative mating through only labor income to both labor income and inheritance as Frémeaux (2014) accomplished. This paper studies the concentration and substitutability of these two traits in forming partnership using Panel of Household Finance (PHF) data for Germany. Our results resembles to the quantitative and distributional outcomes from France.

JEL-codes: C13 D10 D31 D83 J12 J31 J62 (search for similar items in EconPapers)
Date: 2017
New Economics Papers: this item is included in nep-eur
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:zbw:vfsc17:168086

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