2 - Family and Human Capital Processes
Published online by Cambridge University Press: 05 June 2012
Summary
Religion, family processes, and education are linked in complex ways to each other and, ultimately, to wealth ownership. Childhood religion and childhood family socioeconomic status (SES) are correlated, and these work together to affect the timing and ordering of educational investments and outcomes, marriage behavior, and fertility and family behaviors. These behaviors and outcomes, in turn, affect job processes and occupation, wages and salaries, and ultimately wealth ownership. In this chapter, I explore how religion, education, marriage, fertility and family, are related. I will refer to Figure 1.1 and elaborate on the portions labeled background (family and social, religious, and other), human capital, and adult family and friends. Throughout this chapter and Chapter 3, I also describe the intergenerational and demographic mechanisms identified in Figure 1.1 as one of the three pathways through which the various processes are related. This pathway and the others included in the figure operate across the life course, affecting both transitions from childhood to adulthood and those that occur within adulthood.
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- Faith and MoneyHow Religion Contributes to Wealth and Poverty, pp. 30 - 55Publisher: Cambridge University PressPrint publication year: 2011