Type
Working paper
Titre
From the cradle to the grave : the effect of family background on the career path of italian men
Auteur(s)
RAITANO Michele - Department of Economics and Law (Auteur)
VONA Francesco - Observatoire français des conjonctures économiques (Auteur)
Éditeur
Paris : OFCE
Collection
Working paper de l'OFCE : 2015-05
Mots clés
intergenerational inequality, parental education, experience -earnings profiles
Résumé
EN
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.
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