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
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Englisch
- Bibliographic citation
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Series: Nota di Lavoro ; No. 74.2015
- Classification
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Wirtschaft
Job, Occupational, and Intergenerational Mobility; Promotion
Human Capital; Skills; Occupational Choice; Labor Productivity
Wage Level and Structure; Wage Differentials
- Subject
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Intergenerational Inequality
Parental Education
Experience-Earnings profiles
Human Capital
- Event
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Geistige Schöpfung
- (who)
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Raitano, Michele
Vona, Francesco
- Event
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Veröffentlichung
- (who)
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Fondazione Eni Enrico Mattei (FEEM)
- (where)
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Milano
- (when)
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2015
- Handle
- Last update
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10.03.2025, 11:43 AM CET
Data provider
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