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ISS - Fabian Pfeffer - 27/05/2021

NASP International and Interdisciplinary Seminar

Fabian Pfeffer (LSA Sociology - University of Michigan)
Wealth Inequality and its Persistence
Chair: Gabriele Ballarino (University of Milan)

27 May 2021, h. 10.30-12.30 on ZOOM
For first year PhD students only: Room B, via Pace 10 Milan

Abstract
Scholarship on wealth has produced three basic insights: Inequality in wealth is particularly large, it is partly independent of other dimensions of socio-economic well-being, and it exerts independent effects on the opportunities of the next generation. This talk presents recent and new findings that affirm these insights: It shows that national levels of wealth inequality are much higher than and unrelated to national levels of income inequality. It also documents the crucial intergenerational role of wealth. Finally, it argues that the study of housing should take up a central place in scholarship on wealth as housing equity drives both overall levels of wealth inequality and its intergenerational effects.

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