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

Michele Raitano and Francesco Vona ()
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Francesco Vona: OFCE - Observatoire français des conjonctures économiques (Sciences Po) - Sciences Po - Sciences Po

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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.

Keywords: Intergenerational inequality; Parental education; Experience-earnings profiles (search for similar items in EconPapers)
Date: 2015-02-01
Note: View the original document on HAL open archive server: https://sciencespo.hal.science/hal-03460026v1
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Related works:
Journal Article: From the Cradle to the Grave: The Influence of Family Background on the Career Path of Italian Men (2018)
Working Paper: From the Cradle to the Grave: The Influence of Family Background on the Career Path of Italian Men (2018)
Working Paper: From the Cradle to the Grave: The Influence of Family Background on the Career Path of Italian Men (2018)
Working Paper: From the Cradle to the Grave: The Influence of Family Background on the Career Path of Italian Men (2015)
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