Wealth and Family Formation: Insights from First Cohabitation, Marriage, and Birth in Germany
Philipp M. Lersch ()
Additional contact information
Philipp M. Lersch: DIW Berlin
European Journal of Population, 2025, vol. 41, issue 1, No 16, 24 pages
Abstract:
Abstract Existing research has demonstrated that wealthier individuals differ in family formation. Potential explanations draw on wealth’s use and symbolic value as well as the relative economic bar of family formation. This study examines the relationship between wealth and three family formation events in Germany: first cohabitation, marriage, and birth. Data from the German Socio-Economic Panel Study (2002–2017) are used with multi-state, competing-risk, discrete-time event history analysis. Results show that wealth, primarily driven by homeownership, significantly influences cohabitation, marriage, and birth. The impact of homeownership is particularly notable for marriage and birth and shows gender-specific associations for cohabitants. The findings highlight the substantial influence of wealth—most likely through its symbolic and use value—in shaping family formation while indicating limited support for a relative economic bar in Germany.
Keywords: Family; Wealth; Stratification; Event history analysis; Fertility (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:
Downloads: (external link)
http://link.springer.com/10.1007/s10680-025-09738-6 Abstract (text/html)
Access to the full text of the articles in this series is restricted.
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:spr:eurpop:v:41:y:2025:i:1:d:10.1007_s10680-025-09738-6
Ordering information: This journal article can be ordered from
http://www.springer.com/economics/journal/10680
DOI: 10.1007/s10680-025-09738-6
Access Statistics for this article
European Journal of Population is currently edited by Helga A.G. de Valk
More articles in European Journal of Population from Springer, European Association for Population Studies
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().