Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/111525
Authors: 
Plug, Erik
van der Klaauw, Bas
Ziegler, Lennart
Year of Publication: 
2015
Series/Report no.: 
IZA Discussion Papers 9074
Abstract: 
This paper examines whether children are better off if their parents have stronger social networks. Using data on high-school friendships of parents, we analyze whether the number and characteristics of friends affect the labor-market outcomes of children. While parental friendships formed in high school appear long lasting, we find no significant impact on their children's occupational choices and earnings prospects. These results do not change when we account for network endogeneity, network persistency and network measurement error. Only when children enter the labor market, we find that friends of parents have a marginally significant but small influence on the occupational choice of children.
Subjects: 
social networks
occupational choice
informal job search
intergenerational effects
JEL: 
A14
J24
J46
J62
Document Type: 
Working Paper

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