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.

Language
Englisch

Bibliographic citation
Series: Nota di Lavoro ; No. 74.2015

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

Event
Geistige Schöpfung
(who)
Raitano, Michele
Vona, Francesco
Event
Veröffentlichung
(who)
Fondazione Eni Enrico Mattei (FEEM)
(where)
Milano
(when)
2015

Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Arbeitspapier

Associated

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

Time of origin

  • 2015

Other Objects (12)