Reference : The very long arm of wealth: Effects of intergenerational wealth resources on health ...

	Document type :	E-prints/Working papers : First made available on ORBilu
	Discipline(s) :	Social & behavioral sciences, psychology : Sociology & social sciences
	To cite this reference:	http://hdl.handle.net/10993/52007

Title :	The very long arm of wealth: Effects of intergenerational wealth resources on health in the U.S. over the last three decades
Language :	English
Author, co-author :	Chauvel, Louis [University of Luxembourg > Faculty of Humanities, Education and Social Sciences (FHSE) > Department of Social Sciences (DSOC) >]
	Ceron, Francisco [University of Luxembourg > Faculty of Humanities, Education and Social Sciences (FHSE) > Department of Social Sciences (DSOC) >]
	Murphy, Emily [University of Luxembourg > Faculty of Humanities, Education and Social Sciences (FHSE) > Department of Social Sciences (DSOC) >]
	Settels, Jason [University of Luxembourg > Faculty of Humanities, Education and Social Sciences (FHSE) > Department of Social Sciences (DSOC) >]
Publication date :	28-Feb-2021
Number of pages :	30
Peer reviewed :	Yes
Keywords :	[en] Self-assessed health ; inequality ; wealth ; intergenerational social advantage ; mixed models
Abstract :	[en] Health inequalities result from multidimensional socioeconomic inequalities (income, education, wealth, etc.). Given the specific size and greater stability through time of wealth than income, wealth might affect health beyond other socioeconomic indicators. An important question is how far the reach of wealth is on one’s health: Does wealth promote health even over generations? Using the Panel Study of Income Dynamics (PSID), we consider the effects of intergenerational and intragenerational wealth on age-adjusted self-assessed health (ASAH) across the life course. We find that both parental and personal household wealth strongly affect ASAH net of other socioeconomic measures. Just as social disadvantages have been shown to be inherited between generations, so too are wealth-induced health advantages. Furthermore, the inter- and intra- generational wealth effects on health increase over the life course. This study thus encourages social scientists to pay greater attention to wealth inequalities, despite difficulties in their accurate measurement.
Target :	Researchers
Permalink :	http://hdl.handle.net/10993/52007
Other URL :	http://www.ecineq.org/wp-content/uploads/papers_EcineqLSE/EcineqLSE-242.pdf
Commentary :	Presented at international conferences IV ISA Forum of Sociology, Porto Alegre, Brazil (online), February 2021 and at the Ninth ECINEQ Meeting, London, UK, July 2021

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	Fulltext file(s): File Commentary Version Size Access Limited access EcineqLSE-242.pdf Working paper. Version: February 2021 Author preprint 2.04 MB Request a copy

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