Nepotism vs. Intergenerational Transmission of Human Capital in Academia (1088–1800)
David de la Croix and
Marc Goñi ()
Additional contact information
Marc Goñi: Dept. of Economics, Norwegian School of Economics and Business Administration, Postal: NHH, Department of Economics, Helleveien 30, N-5045 Bergen, Norway
No 9/2021, Discussion Paper Series in Economics from Norwegian School of Economics, Department of Economics
Abstract:
We argue that the waning of nepotism in academia bolstered scientific production in pre-industrial Europe. We build a database of families of scholars (1088–1800), measure their scientific output, and develop a general method to disentangle nepotism from inherited human capital—two determinants of occupational persistence. This requires jointly addressing measurement error in human capital proxies and sample selection bias arising from nepotism. Our method exploits multi-generation correlations together with parent-child distributional differences to identify the structural parameters of a first-order Markov process of human capital transmission with nepotism. We find an intergenerational human capital elasticity of 0.59, higher than that suggested by parent-child elasticities, yet lower than multi-generation estimates ignoring nepotism. In early academia, 40 percent of scholars’ sons achieved their position because of nepotism. Nepotism was lower in science than in law and in Protestant than in Catholic institutions, and declined substantially during the Scientific Revolution and the Enlightenment—two periods of buoyant scientific advancement.
Keywords: Intergenerational mobility; human capital transmission; nepotism; upper-tail human capital; pre-industrial Europe; simulated method of moments (search for similar items in EconPapers)
JEL-codes: C31 E24 J10 (search for similar items in EconPapers)
Pages: 101 pages
Date: 2021-03-16
New Economics Papers: this item is included in nep-his, nep-lab and nep-mac
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Citations: View citations in EconPapers (4)
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Working Paper: Nepotism vs. Intergenerational Transmission of Human Capital in Academia (1088--1800) (2020) 
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Persistent link: https://EconPapers.repec.org/RePEc:hhs:nhheco:2021_009
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