@techreport{Haneretal2022,
  type = {{{IFF-HSG Working Papers}}},
  title = {Marry into New or Old Money? {{The}} Distributional Impact of Marital Decisions from an Intergenerational Perspective},
  author = {H{\"a}ner, Melanie and Salvi, Michele and Schaltegger, Christoph A.},
  year = {2022},
  month = jan,
  number = {2022-11},
  institution = {{Institute of Public Finance, Fiscal Law and Law \& Economics}},
  url = {https://iff.unisg.ch/wp-content/uploads/2022/02/WP-11-Haener-Salvi-Schaltegger.pdf},
  urldate = {2022-02-28},
  abstract = {This paper examines the distributional consequences of marital decisions on family wealth and potential inheritances. We use a large administrative dataset from Switzerland that contains detailed wealth information and enables us to identify spouses and their parents. We find that marital sorting is particularly pronounced at the tails of the wealth distribution. However, the financial similarity of couples' parents is much smaller. The distributional effect on parental wealth is only half the size. We identify intergenerational social mobility as the mechanism behind this attenuation over generations. Consequently, chances of making a "good match" depend much more on one's own wealth than on potential inheritances.},
  keywords = {Determinants of Wealth and Wealth Inequality,Intergenerational Wealth}
}

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