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Religion and wealth across generations

Publication ,  Conference
Keister, LA
Published in: Research in the Sociology of Work
January 1, 2012

Purpose - This chapter explores the relationship between religious affiliation and wealth ownership focusing on generational differences. Methodology - I use data from the National Longitudinal Survey of Youth and the Health and Retirement Study to create descriptive statistics and regression analyses of the association between religious affiliation in childhood and adulthood for people of two cohorts. Findings - This chapter shows that there are important patterns by religious affiliation in total net worth, real assets, and asset allocation across generations. My findings are consistent with past work on religion and wealth ownership showing that Jews, mainline Protestants, and white Catholics tend to have higher total wealth than other groups. In addition, I find that black Protestants, Hispanic Catholics, and conservative Protestants tend to have relatively low wealth, consistent with research on religion, race/ethnicity, and wealth. My findings also show that these patterns are relatively robust across generations. Research implications - The findings are relevant to research on inequality, wealth accumulation and saving, life course processes, and the effect of religion on stratification outcomes. Originality/Value - This research shows how religious affiliation and wealth are related across generations.

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Published In

Research in the Sociology of Work

DOI

ISSN

0277-2833

ISBN

9781780523460

Publication Date

January 1, 2012

Volume

23

Start / End Page

131 / 150

Related Subject Headings

  • Sociology
 

Citation

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Chicago
ICMJE
MLA
NLM
Keister, L. A. (2012). Religion and wealth across generations. In Research in the Sociology of Work (Vol. 23, pp. 131–150). https://doi.org/10.1108/S0277-2833(2012)0000023009
Keister, L. A. “Religion and wealth across generations.” In Research in the Sociology of Work, 23:131–50, 2012. https://doi.org/10.1108/S0277-2833(2012)0000023009.
Keister LA. Religion and wealth across generations. In: Research in the Sociology of Work. 2012. p. 131–50.
Keister, L. A. “Religion and wealth across generations.” Research in the Sociology of Work, vol. 23, 2012, pp. 131–50. Scopus, doi:10.1108/S0277-2833(2012)0000023009.
Keister LA. Religion and wealth across generations. Research in the Sociology of Work. 2012. p. 131–150.
Journal cover image

Published In

Research in the Sociology of Work

DOI

ISSN

0277-2833

ISBN

9781780523460

Publication Date

January 1, 2012

Volume

23

Start / End Page

131 / 150

Related Subject Headings

  • Sociology