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

Abstract : 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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Preprints, Working Papers, ...
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https://hal-sciencespo.archives-ouvertes.fr/hal-03460026
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Submitted on : Wednesday, December 1, 2021 - 4:37:29 AM
Last modification on : Friday, March 25, 2022 - 3:40:05 AM

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Michele Raitano, Francesco Vona. From the Cradle to the Grave: The Influence of Family Background on the Career Path of Italian Men. 2015. ⟨hal-03460026⟩

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