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From the Cradle to the Grave: the impact of family background on carrier path of Italian males

Authors
  • Raitano, Michele
  • Vona, Francesco
Publication Date
Jan 01, 2015
Source
SPIRE @ SciencesPo
Keywords
Language
English
License
Green
External links

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.

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