Jani Erola and Elina Kilpi-Jakonen (eds.): Social Inequality Across the Generations: The Role of Compensation and Multiplication in Resource Accumulation
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The anthology is devoted to analyzing the so-called compensation and multiplication effects in intergenerational transmissions of inequality. Compensation refers to a form of safety net where the lack or loss of, for example, parents’ resources can be compensated for by other resources in the immediate family, by resources in the extended family, or via social institutions. Such compensation will thus reduce the disadvantage associated with the loss or the low level of resources. Multiplication refers to the opposite case, to a Matthew effect, i.e., where the ‘rich get richer.’ For example, a child with highly educated parents may benefit relatively more from having a wealthy aunt than the counterpart with poorly educated parents.
The anthology is a timely contribution to the literature on intergenerational inequality transmission. The research front has moved from a two-generation parent–child model to include the extended family in a multigenerational model. Here, the anthology...