In the research project WEALTHRAJECT, we shed light on the (dis-)continuity and variability of wealth accumulation over the life course. WEALTHTRAJECT is the first project to comprehensively and systematically investigate diversity in long-term wealth trajectories within and between social groups. Led by Philipp Lersch, the project began in 2024 and is funded by the European Research Council.
In WEALTHTRAJECT, we investigate wealth and deviations from typical developments over the entire life course. We integrate different strands of research to analyze how the variability of wealth trajectories over time arises from the interplay of saving and consumption, the receipt of transfers from parents and other family members, and (dis)investment in (un)profitable assets. To do this, we combine insights from longitudinal survey data, register data, and novel biographical data collected for the project. We exploit the untapped potential of this data through the use of advanced quantitative methods.
With WEALTHTRAJECT, we pursue four central goals:
- To document variability in wealth trajectories over people’s lives.
- To identify intragenerational drivers of variability in wealth trajectories.
- To establish the intergenerational relationships between family background and wealth trajectories.
- To collect novel life history data on wealth accumulation trajectories.
Latest News
- Spring conference of the DGS section “Social Inequality and Social Structure Analysis”
Two members of the WEALTHTRAJECT team presented first results of their work on the project at the 2026 spring conference of the German Sociological Society (DGS) section on “Social Inequality and Social Structure Analysis”, held in Potsdam last week. Sascha Dos Santos gave a presentation with the title “Stability and Turning Points in Life Course Trajectories: An Application to Wealth Accumulation”, in which he clarified central concepts and showcased first preliminary results. Mathis Herpell presented his work in progress on a systematic review and meta-analysis of the nativity wealth gap, which he works on as part of his dissertation in the WEALTHTRAJECT project.
The conference proved to be a valuable opportunity to share first research findings, and to connect with other scholars working on similar topics and methods. The presentations generated thoughtful discussions, with attendees posing insightful questions that will help to refine our ongoing work. We’re grateful for the chance to disseminate the WEALTHTRAJECT project’s progress within the academic community and look forward to building new collaborations.
- Welcoming Sophia Fauser to the WEALTHTRAJECT team
We are excited to announce that the WEALTHTRAJECT team has expanded with the addition of Sophia Fauser, who joined as a postdoctoral researcher in February 2026. In her role on the project, she will investigate the relationship between family background and wealth trajectories, linking intragenerational developments with intergenerational transmission. Sophia brings expertise in life course research, from her previous work in the Department of Microsociology at Humboldt University in Berlin and the completion of her doctorate in sociology at the University of Bamberg. Her previous research has shed light on the life course impacts of temporary and atypical employment, and we cannot wait to see her skills applied to wealth inequality research.
- The WEALTHTRAJECT Project is Officially Underway!
We are thrilled to announce the official start of the WEALTHTRAJECT project. After an initial phase led by Principal Investigator Philipp Lersch, the team expanded in January 2025 with the addition of Sascha Dos Santos and Mathis Herpell. Since then, we have been hard at work refining the project’s core concepts and implementing our strategy to achieve the research objectives.
We are also delighted to welcome our newest team member, Irene Brown, who joined WEALTHTRAJECT in March 2025 as a student assistant. We look forward to sharing updates as the project progresses.