Archives for November 2017

How Kindness and Customs Contribute to the Wealth Advantage of People Who Marry: The Example of Weddings

Over the course of a lifetime, single people spend tens of thousands of dollars on the weddings of other people. Their married siblings receive about $20,000 toward their wedding expenses from their parents and parents-in-law. These financial transfers grow out of kindness and customs, but they contribute to wealth inequality between people who marry and […]