A new study conducted by the Max Planck Institute for Demographic Research (MPIDR), the University of Cologne, GESIS and the Norwegian Institute of Public Health explores how an individual’s financial wealth changes in relation to generational transitions within the family. The results indicate that those who become parents and grandparents later in life, and, particularly if they experience the loss of their parents later, tend to accumulate the most wealth. A new study conducted by the Max Planck Institute for Demographic Research (MPIDR), the University of Cologne, GESIS and the Norwegian Institute of Public Health explores how an individual’s financial wealth changes in relation to generational transitions within the family. The results indicate that those who become parents and grandparents later in life, and, particularly if they experience the loss of their parents later, tend to accumulate the most wealth. Social Sciences Economics & Business Phys.org – latest science and technology news stories
Family as wealth factor: Study reveals how generational change and family events are associated with a person’s wealth
