Education, income and wealth: persistence across generations in Italy

Luigi Cannari () and Giovanni D’Alessio ()
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Giovanni D’Alessio: Banca d'Italia
Authors registered in the RePEc Author Service: Giovanni D'Alessio

No 476, Questioni di Economia e Finanza (Occasional Papers) from Bank of Italy, Economic Research and International Relations Area

Abstract: The paper examines the intergenerational persistence of economic conditions in terms of education, income and wealth, and the importance of starting conditions in explaining success in Italy. The intergenerational persistence of economic conditions turns out to be relatively high by international standards; in recent years this phenomenon has displayed an upward trend. Variables that are not controlled by individuals explain their economic success to a greater extent than in the past.

Keywords: intergenerational mobility; inequality; opportunities (search for similar items in EconPapers)
JEL-codes: D63 J62 (search for similar items in EconPapers)
Date: 2018-12
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Persistent link: https://EconPapers.repec.org/RePEc:bdi:opques:qef_476_18

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