Home > Publications . Search All . Browse All . Country . Browse PSC Pubs . PSC Report Series

PSC In The News

RSS Feed icon

Shaefer says complex reasons for poverty make solutions challenging

Anderson discusses excess deaths under Stalin with BBC

More Fulbright Scholars from U-M than from any other research university in the US

More News

Highlights

Apply by 2/23 for Weinberg Population, Development & Climate Change funding

Needham, Hicken, Mitchell and colleagues link maternal social disadvantage and newborn telomere length

New Investigator Mentoring Program. Applications due Mar 1

PSC launches new program to support population scientists across U-M

More Highlights

Next Brown Bag

Mon, March 5, 2018, noon: Judith Seltzer on Family Complexity

Grand Advantage: Family Wealth and Grandchildren's Educational Achievement in Sweden

Publication Abstract

Hällsten, Martin, and Fabian T. Pfeffer. 2017. "Grand Advantage: Family Wealth and Grandchildren's Educational Achievement in Sweden." American Sociological Review, 82(2): 328-360.

We study the role of family wealth for children's educational achievement using novel Swedish register data. In particular, we focus on the relationship between grandparents' wealth and their grandchildren's educational achievement. Doing so allows us to reliably establish the independent role of wealth in contributing to long-term inequalities in opportunity. We use regression models with extensive controls to account for observed socioeconomic characteristics of families, cousin fixed effects to net out potentially unobserved grandparent effects, and marginal structural models to account for endogenous selection. We find substantial associations between grandparents' wealth and their grandchildren's grade point averages (GPA) in the 9th grade that are only partly mediated by parents' socioeconomic characteristics and wealth. Our findings indicate that family wealth inequality-even in a comparatively egalitarian context like Sweden-has profound consequences for the distribution of opportunity across multiple generations. We posit that our estimates of the long-term consequences of wealth inequality may be conservative for nations other than Sweden, like the United States, where family wealth-in addition to its insurance and normative functions-allows the direct purchase of educational quality and access.

DOI:10.1177/0003122417695791 (Full Text)

Browse | Search : All Pubs