Arbeitspapier

From the Cradle to the Grave: the Effect of Family Background on the Career Path of Italian Men

This paper investigates the influence of parental education on the returns to experience of Italian men using a new longitudinal dataset that contains detailed information on individual working histories. Our favourite panel estimates indicate that an additional year of parental education increases sons' weekly wages by 11.7% after twenty years of experience and that 71% of this effect emerges during the career. We show that this effect holds irrespective of individual abilities, and it appears the result of both a glass ceiling effect, due to the complementarity between parental education and son’s abilities, and a parachute effect, associated with family labour market connections.

Sprache
Englisch

Erschienen in
Series: Nota di Lavoro ; No. 74.2015

Klassifikation
Wirtschaft
Job, Occupational, and Intergenerational Mobility; Promotion
Human Capital; Skills; Occupational Choice; Labor Productivity
Wage Level and Structure; Wage Differentials
Thema
Intergenerational Inequality
Parental Education
Experience-Earnings profiles
Human Capital

Ereignis
Geistige Schöpfung
(wer)
Raitano, Michele
Vona, Francesco
Ereignis
Veröffentlichung
(wer)
Fondazione Eni Enrico Mattei (FEEM)
(wo)
Milano
(wann)
2015

Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Raitano, Michele
  • Vona, Francesco
  • Fondazione Eni Enrico Mattei (FEEM)

Entstanden

  • 2015

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