Type
Working paper
Titre
From the Cradle to the Grave: the impact of family background on carrier path of Italian males
Auteur(s)
RAITANO Michele - Department of Economics and Law (Auteur)
VONA Francesco - Observatoire français des conjonctures économiques (Auteur)
Éditeur
Milan : Fondazione Eni Enrico Mattei
Collection
Economy and Society : 2015.074
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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