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Preprints, Working Papers, ... Year : 2015

From the Cradle to the Grave: the impact of family background on carrier path of Italian males

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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Dates and versions

hal-03460113 , version 1 (01-12-2021)

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Michele Raitano, Francesco Vona. From the Cradle to the Grave: the impact of family background on carrier path of Italian males. 2015. ⟨hal-03460113⟩
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