Working Paper No. 728

Lady and the Trump: Status and Wealth in the Marriage Market

Published: January 15, 2008, revised July and December, 2008Pages: 28Keywords: Marriage; Status; Intergenerational Transmission; NobilityJEL-codes: D20; D13; J11; J12

Lady and the Trump: Status and Wealth in the Marriage Market Johan Almenberg and Anna Dreber


We examine a relatively neglected aspect of intergenerational transmission of economic standing, namely culturally determined status markers and their valuation in the marriage market. We take nobility to be such a status marker. Using data on Swedish marriages, we test the hypothesis that nobility have a greater probability of marrying "up" in terms of wealth. We find a large and statistically significant positive effect for nobility. This finding has important implications for the intergenerational transmission of inequality, and for the longevity of the institution of nobility itself.
 

Integrating Immigrants into the Nordic Labour Markets

An Overall Perspective

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Denmark, Finland, Norway and Sweden face similar problems of integrating large groups of immigrants, especially low-educated ones from outside the EU, into their labour markets. In this volume, edited by Lars Calmfors, IFN, and Nora Sánchez Gassen in cooperation with researchers from across the Nordic Region analyse how labour market integration of immigrants can be promoted. 

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