Lecture 8

Question 1

status attainment

Answer 1

process by which individuals mobilize and invest resources for returns in socio-economic standing

Question 2

matthew effect

Answer 2

the rich becomes richer and the poor becomes poorer (due to sticking with people from your social class)

Question 3

status attainment model

Answer 3

intergenerational occupational mobility - the degree and pattern of association between the kinds of work done by parents and offspring

Question 4

Bourdieu’s reproduction theory

Answer 4

theory emphasizes that ruling and intellectual classes do maintain unequal power structures

Question 5

social reproduction

Answer 5

the transmission of inequality across generations (and its advantages and disadvantages)

Question 6

Piketty’s ideas

Answer 6

• returns on capital/wealth are larger with the growth of the economy
• people that have capital/wealth benefit more
• transfer of wealth occurs within families across generations

Question 7

Gini coefficients

Answer 7

measuring income or wealth inequality among a population

Question 8

theory of social resources

Answer 8

• social resources exert effect on the outcome of an instrumental action
• social resources are affected by the strength of original position of ego
• social resources are affected by the use of weaker rather than strong ties

Question 9

Granovetter

Answer 9

• social networks influencing the labor market
• weak ties are important
• causes diffusion of information, makes you mobile in labor market
• trade-offs might be involved in terms of wages