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Wealth Stratification and the Insurance Function of Wealth
[journal article]
Abstract
This thematic issue examines the insurance function as a mechanism to underlie wealth effects on various outcomes. The articles in this issue shed an innovative light on the insurance function of wealth concerning a range of topics relevant to social stratification and social policy researchers. Thi... view more
This thematic issue examines the insurance function as a mechanism to underlie wealth effects on various outcomes. The articles in this issue shed an innovative light on the insurance function of wealth concerning a range of topics relevant to social stratification and social policy researchers. This editorial provides an overview of the contributions of this thematic issue and highlights some gaps and remaining open questions. Altogether, the contributions suggest that wealth can provide insurance against adverse life events in various contexts. However, this insurance effect depends on welfare state characteristics, wealth portfolios, and the way families handle their wealth.... view less
Keywords
housing; living conditions; affluence; welfare state; indebtedness; social security; assets
Classification
Sociology of Economics
Social Policy
Free Keywords
Covid‐19; asset poverty; negative life events
Document language
English
Publication Year
2023
Page/Pages
p. 128-134
Journal
Social Inclusion, 11 (2023) 1
Issue topic
Wealth Stratification and the Insurance Function of Wealth
ISSN
2183-2803
Status
Published Version; reviewed