Nepotism vs specific skills: the effect of professional liberalization on returns to parental back ground of Italian lawyers
Michele Raitano () and
Francesco Vona ()
No 2018-36, Documents de Travail de l'OFCE from Observatoire Francais des Conjonctures Economiques (OFCE)
We study the mechanisms of intergenerational inequality among Italian lawyers over the period 1994- 2014 using a longitudinal dataset that combines administrative and survey data. We first estimate a 17.5% earnings premium for a law family background within the group of lawyers, so conditional on entering the profession. We then exploit the 2003-2006 liberalization process, which asymmetrically affected the two main transmission mechanisms: skill transfer and nepotism. We find that liberalization squeezed the law background return by at least 3/5, thus revealing a high incidence of nepotism. The bulk of the reduction occurred for the youngest lawyers and the top earners
Keywords: intergenerational inequality; social mobility; nepotism; specific skills; regulation; top occupations (search for similar items in EconPapers)
JEL-codes: I24 J24 J31 J44 (search for similar items in EconPapers)
References: Add references at CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed
Downloads: (external link)
Journal Article: Nepotism vs. Specific Skills: The effect of professional liberalization on returns to parental background of Italian lawyers (2021)
Working Paper: Nepotism vs specific skills: the effect of professional liberalization on returns to parental back grounds of italian lawyers (2018)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:fce:doctra:1836
Access Statistics for this paper
More papers in Documents de Travail de l'OFCE from Observatoire Francais des Conjonctures Economiques (OFCE) Contact information at EDIRC.
Bibliographic data for series maintained by Francesco Saraceno ().