Based on publicly available records of income and wealth from Taiwan's Financial Information Agency for more than 7 million people, ages 25-45 years, researchers report wealth correlations among kinship members, up to the level of relatedness of second cousins, as a proxy for the strength of familial connections; the results suggest how wealth correlations vary with gender, patrilineal versus matrilineal relatives, parental wealth, and adopted versus biological children.
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Article #18-13136: "Variations of wealth resemblance by family relationship types in modern Chinese families," by C. Y. Cyrus Chu, Kamhon Kan, and Jou Chun Lin.
MEDIA CONTACT: C. Y. Cyrus Chu, Institute of Economics, Academia Sinica, Taipei, TAIWAN; tel: +41-22-545-5337, +41-79-367-1267; e-mail: cychu9356@gmail.com
Proceedings of the National Academy of Sciences