Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/125735
Authors: 
Altzinger, Wilfried
Crespo Cuaresma, Jesús
Rumplmaier, Bernhard
Sauer, Petra
Schneebaum, Alyssa
Year of Publication: 
2015
Series/Report no.: 
WWWforEurope Working Paper 80
Abstract: 
The persistence of socioeconomic outcomes across generations acts as a barrier to a society’s ability to exploit its resources efficiently. In order to derive policy measures which aim at accelerating intergenerational mobility, we review the existent body of research on the causes, effects and the measurement of intergenerational mobility. We also present recent empirical works which study intergenerational mobility in Europe, around the Globe, and its relevance for economic growth. We recommend four policy measures to reduce the negative impacts of intergenerational persistence in economic outcomes: universal and high-quality child care and pre-school programs; later school tracking and increased access to vocational training to reduce skill mismatch and facilitate technological development; integration programs for migrants; and simultaneous investment in schooling and later social security programs.
Subjects: 
Academic research
Ageing
Demographic change
European economic policy
Full employment growth path
Labour markets
Migration
Policy options
JEL: 
E24
F22
H52
J62
Document Type: 
Working Paper
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