Jump to ContentJump to Main Navigation
ShortchangedWhy Women Have Less Wealth and What Can Be Done About It$
Users without a subscription are not able to see the full content.

Mariko Lin Chang

Print publication date: 2010

Print ISBN-13: 9780195367690

Published to Oxford Scholarship Online: September 2012

DOI: 10.1093/acprof:oso/9780195367690.001.0001

Show Summary Details
Page of

PRINTED FROM OXFORD SCHOLARSHIP ONLINE (oxford.universitypressscholarship.com). (c) Copyright Oxford University Press, 2020. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 29 November 2020

The Women’s Wealth Gap

The Women’s Wealth Gap

What Is It and Why Do We Care?

Chapter:
(p.1) One The Women’s Wealth Gap
Source:
Shortchanged
Author(s):

Mariko Lin Chang

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780195367690.003.0001

Women may earn 78% of what men earn, but they own only 36% as much wealth. In discussing the financial standing of women in America, a focus on income is misleading because wealth is a much more meaningful measure of economic well-being. This chapter argues that a women's wealth gap would persist even if the gender income gap were eliminated. There are two basic reasons for this persistence: men have greater access to the wealth escalator, which translates income into wealth at a faster rate, and women are more likely to shoulder the financial burden of single parenthood. While income is no doubt important to women's economic security, the discussion suggests that people need the attention to gender differences in wealth to understand fully how women might attain financial equality.

Keywords:   single parenthood, wealth, wage discrimination, American women, wealth escalator, financial equality

Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .