Industrial Composition and Intergenerational Mobility

Stephan Whitaker

No 1533R, Working Papers (Old Series) from Federal Reserve Bank of Cleveland

Abstract: Using the National Longitudinal Surveys of Youth (NLSY), this article examines the influence of a region’s industrial composition on the educational attainment of children raised by parents who do not have college degrees. The NLSY’s geo-coded panel allows for precise measurements of the local industries that shaped the parents’ employment opportunities and the labor market that the children directly observed. For cohorts finishing school in the 1990s and early 2000s, concentrations of manufacturing are positively associated with both high school and college attainment. Concentrations of college-degree intensive industries are positively associated with college attainment. I investigate several potential mechanisms that could relate the industrial composition to educational attainment, including returns to education, opportunity costs, parental inputs, community resources, and information.

Keywords: Industrial Composition; Intergenerational Mobility; Educational Attainment (search for similar items in EconPapers)
JEL-codes: E24 J24 O14 R11 (search for similar items in EconPapers)
Pages: 39 pages
Date: 2016-01-04, Revised 2020-10-22
New Economics Papers: this item is included in nep-lma and nep-mac
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Persistent link: https://EconPapers.repec.org/RePEc:fip:fedcwp:1533

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DOI: 10.26509/frbc-wp-201533R

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