[HTML][HTML] How wealth inequality shapes our future
FT Pfeffer, RF Schoeni - RSF: The Russell Sage Foundation Journal …, 2016 - rsfjournal.org
Liz (Low parental wealth), Mary (Middle parental wealth), and Howard (High parental
wealth) graduate high school in the late 1980s and establish their own households in the
early 1990s. They are off to distinct life paths. Liz marries, gives birth to a son, and does not
work outside the home for several years. She takes up a job as a nursing aid in the early
2000s and stays in this occupation for a few more years. She never goes back to school. Liz
and her husband manage to accumulate some wealth, but lose it during the two most recent …
wealth) graduate high school in the late 1980s and establish their own households in the
early 1990s. They are off to distinct life paths. Liz marries, gives birth to a son, and does not
work outside the home for several years. She takes up a job as a nursing aid in the early
2000s and stays in this occupation for a few more years. She never goes back to school. Liz
and her husband manage to accumulate some wealth, but lose it during the two most recent …