Why Net Worth Misrepresents Wealth Effects and What to Do About It
Wealth plays an important role in social stratification but the results that can be obtained when analyzing wealth as a predictor variable depend on modeling decisions. Although wealth consists of multiple components it is often operationalized as net worth. Moreover, wealth effects are likely non-l...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Society for Sociological Science
2023-09-01
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| Series: | Sociological Science |
| Subjects: | |
| Online Access: | https://sociologicalscience.com/articles-v10-19-534/ |