tion id="u2547bc89-d3f5-5463-a8ea-16f7e050ca85">
CONTENTS
1 Cover
6 Preface
7 1 Introduction: Why Wealth Matters Why wealth? Why now? An overview of the book Notes
8 2 The Tenets of Wealth What (exactly) is wealth? What wealth is not The three properties of wealth Theorizing wealth Why do we know so little about wealth? Conceptualizing wealth: A rudimentary model of wealth accumulation A revised two-stage model of wealth accumulation Notes
9 3 The Evolution of Wealth The scope of wealth inequality: Global patterns Wealth = financial security: Work, welfare, wealth A brief history of wealth The golden age of security The “modern” family and the rise of a property-owning middle class Housing classes and the rise in homeownership The end of the golden age The second demographic transition and the changing family The rise of wealth: Financialization The financialization of household wealth The changing composition of household wealth portfolios: Rising wealth and risks The “chain of markets” in action: Consumption, credit, housing, and securitization The financialization of home equity When the macro meets the micro: Household–market interactions, CA/D processes, and the widening wealth gulf Notes
10 4 Individuals, Families, and Generations Social mobility among “the rest of us”: The prevalent narrative Investigating the mechanisms of mobility Intergenerational mobility: How do parents actually pass on advantage? Bringing wealth back in, Part I: Social mobility and intergenerational transfers of economic capital Bringing wealth back in, Part II: A theoretical framework of micro-level wealth mobility Intragenerational wealth mobility Family life-course trajectories and intragenerational wealth attainment Multigenerational families and intergenerational mobility Notes
11 5 Wealth Polarization and the Demography of Wealth Inequality Analysis of extremes: Why study the super-rich? Rising to the top: Families and markets Studying income to understand wealth: Superstars and the “double one percent” Why is wealth inequality not greater? The limits of cumulative advantage What has luck got to do with it? Being “in the right place at the right time” The “negative” side of wealth: Asset poverty and cumulative disadvantage “The rich are different from you and me”: The demography of wealth and inequality Explaining the “unexplained”: Exclusion and discrimination The intersection of race/ethnicity and immigration Religion and wealth Can inter-group union formation reduce wealth inequality? Women, men, and families: The “gender problem” of wealth Notes
12 6 Conclusions From macro to micro: Work, welfare, and wealth The changing family: Micro-level processes and life-course trajectories From micro- and macro- to meso-level processes Explaining
