Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/130258
Authors: 
Raitano, Michele
Vona, Francesco
Year of Publication: 
2015
Series/Report no.: 
Nota di Lavoro, Fondazione Eni Enrico Mattei 74.2015
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.
Subjects: 
Intergenerational Inequality
Parental Education
Experience-Earnings profiles
Human Capital
JEL: 
J62
J24
J31
Document Type: 
Working Paper

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