The Impact of Parental Wealth on Early Living Standards in Israel
Bibliographic Data
| ID | 2215835 |
|---|---|
| Authors | Seymour Spilerman (0000-0003-3985-2211, Columbia University, corresponding author) |
| Year | 2004 |
| Volume | 110 |
| Issue | 1 |
| Pages | 92-122 |
| Publication date | 2004-07-01 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | American Journal of Sociology (JOURNAL) |
| Journal identifiers | ISSN: 0002-9602 • E-ISSN: 1537-5390 |
| Publisher | University of Chicago Press (PUBLISHER • US) |
| DOI | 10.1086/424943 |
| OpenAlex | W2134933449 |
| Language | EN |
| Citations received | 29 |
| References cited | 30 |
This article examines the role of parental wealth as a determinant of the living standards of young adults in Israel. Living standards were examined in terms of four measures: home ownership, car ownership, schooling after marriage, and a subjective evaluation by the respondent. Israel is a strategic site for examining the interplay between parental wealth and living standards because of the particular organization of its housing market. The study focuses on the role of parental wealth in the early years of marriage because young couples in Israel have great financial need at that time but are liquidity constrained. The main finding is that, net of indicators of parental SES and a couple's own income, parental wealth plays a substantial role in the living standards of young adults
Consumption (sociology) · Debt · Demographic economics · Economics · Market liquidity · National wealth · Net worth · Political science · Respondent · Sociology · Standard of living · Finance · Financial Literacy, Pension, Retirement Analysis · Housing, Finance, and Neoliberalism · Urban, Neighborhood, and Segregation Studies
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| Unique citing works | 29 |
|---|---|
| Citations per year | 1,38 |
| Citation span | 2005 - 2026 (22) |
| Citation velocity | current |
| Highly cited | No |
| Citation types | Neutral: 26 |